Title: People still don't know about Bitcoin Post by: Cryptomint9 on November 29, 2020, 03:46:42 PM There are many people who still don't know about bitcoin or other cryptocurrencies. I don't know about others I am talking about my country and about my society. Whenever I ask from people about or talk about the Bitcoin. They ask what is this?
How much there is who face this problem? Title: Re: People still don't know about Bitcoin Post by: mk4 on November 29, 2020, 03:56:16 PM Are you really surprised though? Even though a lot of people(especially in countries like the US) have heard of Bitcoin, most of them still doesn't really know what it is and what it's for; probably besides the fact that it's totally digital.
Do I see it as a problem? Nah. In the first place, I just don't randomly talk about Bitcoin(because $5 wrench attacks[1]). But if it comes to topic when I'm talking to someone, I'll gladly answer questions. I just always make sure to tell them that I lost my coins in a boating accident. [1] https://cryptosec.info/wrench-attack/ Title: Re: People still don't know about Bitcoin Post by: Imran232 on November 29, 2020, 03:58:06 PM There are many people who still don't know about bitcoin or other cryptocurrencies. I don't know about others I am talking about my country and about my society. Whenever I ask from people about or talk about the Bitcoin. They ask what is this? How much there is who face this problem? Its common thing in all crypto irregulated country. There has some reason: 1: Government : First of all government dosen't tell about this technology to their people. That is why lots of people dosen't know about this. 2. Education : lots of countries people dosen't know because they are not aware about online or online share market. They don't understand blockchain. In my country it is also same. Title: Re: People still don't know about Bitcoin Post by: RapTarX on November 29, 2020, 04:05:17 PM Cryptocurrency is still fairly new concept among the majority of the people. I remember when I was talking about cryptocurrency with some of my friends (explaining how cheap and easy to transfer money), most of them had never heard about the word. Even though, some of them knew about bitcoin, their knowledge was very little in this space.
Title: Re: People still don't know about Bitcoin Post by: ChrisPop on November 29, 2020, 04:32:57 PM There are many people who still don't know about bitcoin or other cryptocurrencies. I don't know about others I am talking about my country and about my society. Whenever I ask from people about or talk about the Bitcoin. They ask what is this? How much there is who face this problem? Yep, the same situation here. Although Bitcoin is making roars through the investment funds and big companies, a very small percent of the population actually knows what Bitcoin is. I don't expect the adoption to happen overnight, but I'm sure that a lot of people who standed on the fence will try to scoop up some satoshis once they see all these institutions chipping in. The numbers are a bit high so it takes a bit of education to realise that you can buy a fraction of a whole Bitcoin. Title: Re: People still don't know about Bitcoin Post by: Alucard1 on November 29, 2020, 04:35:51 PM Well, that is not surprising, even though the community of bitcoin is now bigger than before, there are still some people who don't know things about crypto, first of all, cryptocurrency is not a part of the program in school, so there is no way to learn about it unless you explore the internet and find things about it. The second is that not all countries have a stable internet connection so it would be a big struggle for them to access the cryptocurrency. The third is they already contented on fiat currency.
The number of people who don't know things about crypto is greater than those who know it. Title: Re: People still don't know about Bitcoin Post by: wxa7115 on November 29, 2020, 04:43:24 PM There are many people who still don't know about bitcoin or other cryptocurrencies. I don't know about others I am talking about my country and about my society. Whenever I ask from people about or talk about the Bitcoin. They ask what is this? This is very common in my country as well, most people are only interested on their own lives and for the most part they are not interested in something that does not improve it immediately and when you add almost no financial education then they have no interest at all in bitcoin, stocks gold or anything related to things like that.How much there is who face this problem? It is disappointing but this plays to our advantage if those people keep ignoring bitcoin then that means that we have a bigger window of time to get more of it while we can and by the time they get to know about bitcoin it will be too late for them while we will be enjoying or profits. Title: Re: People still don't know about Bitcoin Post by: Tushar Ramani on November 29, 2020, 04:44:24 PM Having a look at the comment, it seems everyone is facing the same situation. If people don't know about BTC, who are these guys trading BTC causing deep and bounce? Lol! Anyway, I would rate my country lower than yours in bitcoin awareness matter.
Title: Re: People still don't know about Bitcoin Post by: finaleshot2016 on November 29, 2020, 04:49:11 PM Always assume that some people still doesn't know about bitcoin because it's not part of the curriculum, it's just an application of technology and economics.
If we're talking about people in the provinces, I'm sure that most of them doesn't know about it. If you have studied about computers and finance, I'm sure they know about it but not all are using it. Even they talk bitcoin in the news. I still doubt that some still remember what is it. So even bitcoin is getting popular right now, I guess it's just popular within our community. Title: Re: People still don't know about Bitcoin Post by: Casdinyard on November 29, 2020, 05:09:27 PM There are many people who still don't know about bitcoin or other cryptocurrencies. I don't know about others I am talking about my country and about my society. Whenever I ask from people about or talk about the Bitcoin. They ask what is this? Maybe that is due to the prohibition in your country, and probably there is. Bitcoin is having wide popularity at this moment because of the impression created from it wherein profit is assumed to be easily earned due to the increase in its market price. Little do they know that the market price is not consistently increasing and there are times of market price downfall resulting to partial profit loss. These assumptions are simply what making this technology popular so if it is not having influence in your country there might be factors affecting the spread of its popularity or influence, more likely prohibitions. How much there is who face this problem? Title: Re: People still don't know about Bitcoin Post by: Sterbens on November 29, 2020, 05:14:11 PM There are many people who still don't know about bitcoin or other cryptocurrencies. I don't know about others I am talking about my country and about my society. Whenever I ask from people about or talk about the Bitcoin. They ask what is this? How much there is who face this problem? it is true that not everyone knows what bitcoin is, especially for the general public. As for some who know only bitcoin it's expensive and many think that only rich people can buy it. that's what I often find in some circles of the general public. therefore we as people who are struggling in the world of cryptocurrency, it is time to provide insight to friends, neighbors and family. explains what bitcoin is, its purpose and benefits. and the advantages of investing in bitcoin. so that gradually the understanding of the general public is no longer limited by just knowing the price, but in terms of the aspects of its benefits and uses for daily life and the future. Title: Re: People still don't know about Bitcoin Post by: Yatsan on November 29, 2020, 05:24:30 PM It is actually not a surprising scenario anymore for the fact that despite Bitcoin's outstanding popularity, still there are lots of people who do not certainly know or do not really have any idea to identify what Bitcoin really is. We cannot blame them though for there are many reasons why they do not know it. Maybe they are not up to date into the world news which you can encounter Bitcoin actually even at local news. There could also be a possibility that they do not have any close friends or relatives that know Bitcoin so they do not have any idea about it or they certainly do not care about it anymore. It is just fine though we cannot push them to identify Bitcoin because we do have our own reasons to get into or not. It is just up to the willingness and available resources for people to know and be able to make use of Bitcoin. Some or most are just not being able to have enough knowledge about it which makes them somewhat ignorant about Bitcoin's existence.
Title: Re: People still don't know about Bitcoin Post by: pawanjain on November 29, 2020, 05:35:41 PM Don't be surprised. There are many people in this world who don't know about bitcoin. Fortunately most people in my circle have heard about bitcoin although they have not bought any of it.
If any of them ask me what it is, I explain it to them without any hesitation. Even Yesterday I and my friends were a little high and one asked me about bitcoin. I didn't had to put in much effort since I was keeping on saying him more about bitcoin. He was fascinated when he got to know that the creator of bitcoin is still unknown. The point being that even if there are people who don't know what bitcoin is, we should try to make more number of people aware about bitcoin. Title: Re: People still don't know about Bitcoin Post by: Axelseseclevz on November 29, 2020, 05:51:15 PM There are many people who still don't know about bitcoin or other cryptocurrencies. I don't know about others I am talking about my country and about my society. Whenever I ask from people about or talk about the Bitcoin. They ask what is this? How much there is who face this problem? I think everywhere bitcoin is not really familiar to others. Even they heard it but still doesn't know what bitcoin really is and how to use it. Specially those people live in remote areas where the internet connection is poor and there is only few people using gadgets and computer. But time will come when they will probably know about it and use it because bitcoin adoption continues to grow. Title: Re: People still don't know about Bitcoin Post by: Tessnik on November 29, 2020, 06:07:27 PM Bitcoin is a modern technology which is still new and will require time to be fully known by all around the world, the fact is this information is gradually getting to the people and at that very soon even the most remotely known place will start accepting bitcoin and other digital currency that will be easy to use across borders.
Title: Re: People still don't know about Bitcoin Post by: Fatunad on November 29, 2020, 06:36:50 PM There are many people who still don't know about bitcoin or other cryptocurrencies. I don't know about others I am talking about my country and about my society. Whenever I ask from people about or talk about the Bitcoin. They ask what is this? How much there is who face this problem? Crypto market isnt still into its full adoption so its nor surprise that you will see these kind of reactions or questions from people who doesnt even know that it did exist. 10 years time is still young and theres still lots of rooms for us to grow so dont get frustrated or got stressed when someone dont know about it. So the best thing to do is to tell them even on the most basic information about Bitcoin and they might be get interested to it. So far, i have explained bitcoin to my family and my relatives but it seems they arent that much of interested with it. Title: Re: People still don't know about Bitcoin Post by: militiariko on November 29, 2020, 06:45:43 PM There are many people who still don't know about bitcoin or other cryptocurrencies. I don't know about others I am talking about my country and about my society. Whenever I ask from people about or talk about the Bitcoin. They ask what is this? How much there is who face this problem? Truth is, in decades time; there will be no one that would know about bitcoi n; i say this categorically because people are just uninterested in bitcoin, not that they have not heard or witnessed its functionalities. A saying says, you cannot please everyone; so just do your bits; educate few around you and continue to learn more about the blockchain and bitcoin yourself. Title: Re: People still don't know about Bitcoin Post by: hatshepsut93 on November 29, 2020, 07:56:31 PM This is why I don't buy it when people say Bitcoin is like early days of the Internet. The Internet was rapidly growing in ts early days, people knew about it and wanted to use it, but it was so expensive at the beginning, that few could afford it. Bitcoin does not follow the same road, its adoption and recognition are much much slower, because fundamentally they are too different - the Internet allowed us to exchange information like never before, while Bitcoin is only interesting to people who distrust fiat currency, which is a minority.
Title: Re: People still don't know about Bitcoin Post by: batang_bitcoin on November 29, 2020, 08:23:42 PM Basically, it's how the majority of the people react whenever you ask them what bitcoin is. Are you expecting that each from your neighborhood knows bitcoin? they don't. Even in my neighborhood, I guess only a few of them knew about it but I don't know who exactly they are that knows it and the majority isn't aware of it. It will take time that most people will be aware of bitcoin. Not everyone has access to the internet and a tech-savvy.
Title: Re: People still don't know about Bitcoin Post by: Wysi on November 29, 2020, 08:35:19 PM It's not that most of the people don't know Bitcoin as most of us have heard the term Bitcoin but the understanding of bitcoin is limited to most of the people as some of them think it's illegal wherein few think it's like a gambling platform wherein a good number of tech geek and ordinary people understand what Bitcoin is really about. We cannot say people don't know Bitcoin especially after 2017 which made Bitcoin hot topic of the decade but it's rather people don't kniw it's functionality and features which they will gradually learn as we make further development.
Title: Re: People still don't know about Bitcoin Post by: cheezcarls on November 29, 2020, 08:55:40 PM I'm not really surprised at all. I still believe only less than 0.5% of the world's population are actually adopting or knowledgeable about Bitcoin right now. Even if it's more than a decade old, Bitcoin still has long ways to go before the whole world would finally recognize it. Just like the evolution of money, transitioning from barter to gold to physical coins/bills really takes a lot of time (like we're talking about decades for instance). We just have to be grateful that we are the early adopters of Bitcoin, etc.
Title: Re: People still don't know about Bitcoin Post by: xnarf on November 29, 2020, 09:07:25 PM Until Bitcoin becomes mainstream it is only a concept that is heard of by others. This may be for the better as it allows people who know about it to take advantage of bitcoin before the it is adopted in the future. When Apple or Microsoft first came out it was simply a concept. As time transcended, it was finally adopted to the monopolies we see today.
Title: Re: People still don't know about Bitcoin Post by: Asuspawer09 on November 29, 2020, 09:07:29 PM There are many people who still don't know about bitcoin or other cryptocurrencies. I don't know about others I am talking about my country and about my society. Whenever I ask from people about or talk about the Bitcoin. They ask what is this? How much there is who face this problem? Not all countries have access to good technology so it's normal that there are people who don't know about bitcoin or don't have any idea what is bitcoin at all. If your not a techie person you probably end up not knowing anything about crypto, that is why bitcoin is still adapting in a lot of countries since there is no education about it. Most of the people in my country are just afraid to try bitcoin just because of the scams online and they don't know what bitcoin really is because of the bad image of bitcoin on the news related to a lot of scams. Title: Re: People still don't know about Bitcoin Post by: GeorgeJohn on November 29, 2020, 09:10:52 PM There are many people who still don't know about bitcoin or other cryptocurrencies. I don't know about others I am talking about my country and about my society. Whenever I ask from people about or talk about the Bitcoin. They ask what is this? But it's limited and also rare for people at these present time not to know what is bitcoin because looking at digital world it's quite understood that cryptocurrency dominates majority of the countries, cryptocurrency is all about bitcoin because bitcoin is the mother of any other coins, from my views I would like to say that anyone that don't wants to know anything concerning cryptocurrency don't have interest or passion on it, because the advert or news of crypto is everywhere across the countries.Title: Re: People still don't know about Bitcoin Post by: acroman08 on November 29, 2020, 09:16:02 PM There are many people who still don't know about bitcoin or other cryptocurrencies. I don't know about others I am talking about my country and about my society. Whenever I ask from people about or talk about the Bitcoin. They ask what is this? How much there is who face this problem? I don't see it as a problem if a person I talk to about bitcoin doesn't know about it. you can't expect people to know what you know just because you know it. but if you want them to know or learn about bitcoin. just tell it, explain it on a way that they would understand it. what I see a problem is that when a person talking shit and spew false information about bitcoin without knowing about it and just following the crowd who hates it. Title: Re: People still don't know about Bitcoin Post by: Willitivity on November 29, 2020, 09:39:00 PM There are many people who still don't know about bitcoin or other cryptocurrencies. I don't know about others I am talking about my country and about my society. Whenever I ask from people about or talk about the Bitcoin. They ask what is this? Indeed they are so many people who have absolutely no idea what bitcoin or cryptocurrency is about, like in my country there are some thick interior villages who have no idea about bitcoin they normally make use of fiat for their daily transactions, even if they would decide to use bitcoin they don't even have good network to operate with, also 99% of them don't even know how to browse on the internet, so there's definitely no way they can know about bitcoin if they don't even browse at all, but I think it's up to us to educate them about it, and make them see the bright side of crypto. How much there is who face this problem? Title: Re: People still don't know about Bitcoin Post by: Slow death on November 29, 2020, 11:01:50 PM in my country i think less than 5% of people know bitcoin and note that in my country thousands of people use facebook, whatsapp and instagram and youtube and make purchases on the internet, so i can say that people from my country use social networks and technology. I wonder why people in my country don't know about bitcoin? and the only answer I have is lack of interest, perhaps because few people believe in making money on the internet or investing money on the internet
Title: Re: People still don't know about Bitcoin Post by: sapnu on November 29, 2020, 11:25:28 PM I'm not really surprised at all. I still believe only less than 0.5% of the world's population are actually adopting or knowledgeable about Bitcoin right now. Even if it's more than a decade old, Bitcoin still has long ways to go before the whole world would finally recognize it. Just like the evolution of money, transitioning from barter to gold to physical coins/bills really takes a lot of time (like we're talking about decades for instance). We just have to be grateful that we are the early adopters of Bitcoin, etc. Not only that, there are still places that are not recognizing the usage of bitcoin because the government doesn't allow it to. There are also places that are not really innovated in terms of technology so we can say that the only ones that are using bitcoin are those who can access the internet and able to use technology with their own knowledge. But still, the knowledge about bitcoin is continuously spreading because of some reason like adopting, just like what happened when Paypal accepting bitcoin as payment. We are hoping that while technology is innovating the people are also gaining new knowledge and can understand the nature and benefit of using cryptocurrency. Title: Re: People still don't know about Bitcoin Post by: The cure on November 29, 2020, 11:28:04 PM Same situation here in my country only few are knowing about bitcoin even though most people here are using social media and because students are studying at home and uses internet the reason why internet coverage has widen up. But many still have no interest in bitcoin even though they seen some advertisement on social media about it, others think it is a scam. But I don't see it's our problem if they don't believe in bitcoin it's their lost not ours.
Title: Re: People still don't know about Bitcoin Post by: Rikafip on November 30, 2020, 06:37:45 AM I would say that when I observe people around me (I'm from Croatia) majority heard about bitcoin but they don't really know even basics. Out of those that heard about it, most of them still have rhinos that it's some kind of ponizi/pyramid scheme made for sole purpose by the rich to steal money from the poor and naive.
I know it sounds ridiculous, but that's what many people here think. What surprises me though is how many of the them are in IT business (programmers etc) and should be able to understand bitcoin concept better than some average Joe, and no amount of reasoning can change their mind. Title: Re: People still don't know about Bitcoin Post by: ChrisPop on November 30, 2020, 06:51:18 AM I would say that when I observe people around me (I'm from Croatia) majority heard about bitcoin but they don't really know even basics. Out of those that heard about it, most of them still have rhinos that it's some kind of ponizi/pyramid scheme made for sole purpose by the rich to steal money from the poor and naive. I know it sounds ridiculous, but that's what many people here think. What surprises me though is how many of the them are in IT business (programmers etc) and should be able to understand bitcoin concept better than some average Joe, and no amount of reasoning can change their mind. By looking at this we can see the importance of being informed and not being ignorant. I still regret not being informed enough in the past when Bitcoin has been launched and nobody knew about it. Moreover, I have noticed that IT guys are overrated. Just because someone knows how to think algorithmically and write some code using a programming language, doesn't mean he/she is smarter than an engineer or a mechanic. Also there are so many branches of programming. If someone is a front-end coder, he might have never even heard about blockchain. Title: Re: People still don't know about Bitcoin Post by: error08 on November 30, 2020, 07:20:37 AM There are many people who still don't know about bitcoin or other cryptocurrencies. I don't know about others I am talking about my country and about my society. Whenever I ask from people about or talk about the Bitcoin. They ask what is this? How much there is who face this problem? Its common thing in all crypto irregulated country. There has some reason: 1: Government : First of all government dosen't tell about this technology to their people. That is why lots of people dosen't know about this. 2. Education : lots of countries people dosen't know because they are not aware about online or online share market. They don't understand blockchain. In my country it is also same. Many people ever heard about cryptocurrency or bitcoin through news or ads on the internet but only a few who really interested to learn more about bitcoin, we can assume probably around 1-2% of people worldwide know and own bitcoin. Only a few governments that issued regulation about bitcoin in their country, such as the US, Japan, and Ukraine which recently the Ukrainian Ministry of Digital Transformation educate its citizens with the launch of an education cryptocurrency and blockchain television series. source (http://tokenpost.com/Ukraine-launches-cryptocurrency-and-blockchain-TV-series-5863) With one study suggesting ~25 million cryptocurrency traders outside the USA & Europe, it seems quite likely there are over 100 million owners of bitcoins. If true, it means about 1.3% of the world's population owns bitcoin.source (https://www.buybitcoinworldwide.com/how-many-bitcoin-users/#:~:text=With%20one%20study%20suggesting%20~25,the%20world's%20population%20owns%20bitcoin.) Title: Re: People still don't know about Bitcoin Post by: kotajikikox on November 30, 2020, 07:27:49 AM There are many people who still don't know about bitcoin or other cryptocurrencies. I don't know about others I am talking about my country and about my society. Whenever I ask from people about or talk about the Bitcoin. They ask what is this? Use that Opportunity to Help the growing community of Bitcoin By extending your time Explaining and encouraging them to at least check it our In Internet.How much there is who face this problem? That would be the first approach and then Add them in social media and send them good things about Bitcoin and other altcoins. In this action you are not only helping the cryptocurrencies but also those people that has been denied of opportunity to understand Bitcoin and Maybe invest in this market. Title: Re: People still don't know about Bitcoin Post by: raidarksword on November 30, 2020, 07:46:56 AM Even in our country only few people knows bitcoin because its hardly being advertise on mainstream media and the awareness of people about is limited that's why bitcoin still not recognized by majority of people. Only i saw bitcoin being show on our national television that being used on scam investments, so that's why the negativity carries it only to people's mindset that bitcoin is scam and that's what make it hard to for bitcoin to get a positive feedback. Nonetheless, the information and education will only be the tool to spread positive awareness about bitcoin to the public.
Title: Re: People still don't know about Bitcoin Post by: ice098 on November 30, 2020, 07:49:09 AM I'm not really surprised at all. I still believe only less than 0.5% of the world's population are actually adopting or knowledgeable about Bitcoin right now. Even if it's more than a decade old, Bitcoin still has long ways to go before the whole world would finally recognize it. Just like the evolution of money, transitioning from barter to gold to physical coins/bills really takes a lot of time (like we're talking about decades for instance). We just have to be grateful that we are the early adopters of Bitcoin, etc. Yes i do believe in it also, even here in our country i bet only few knows about bitcoin. Well its because we are one of the third world country and even we are now living in a modern world of technology still not the all population of our country has their own mobile phones, no internet connection that may the only way to introduce bitcoin. I am grateful to have a previlege of having a mobile phone and now adopt the new rising crypto investment. Title: Re: People still don't know about Bitcoin Post by: witcher_sense on November 30, 2020, 07:59:09 AM ~ Potentially, the reason why most IT specialists, programmers, developers, and other tech-savvy individuals cannot comprehend the significance of bitcoin, the reasons it was created in the first place, goals it aims to attain is because bitcoin is more than a mere software program. The thing is even if you are able to understand what code inside that program does, it won't tell you why it does so. For example, Satoshi has found a solution to the problem of Byzantine generals, he created a digital and scarce commodity that cannot be copied but can be sent to anyone in the world. Okay, great... But why do humans need it? Not everyone is ready to dive into a rabbit hole to find an answer.I know it sounds ridiculous, but that's what many people here think. What surprises me though is how many of the them are in IT business (programmers etc) and should be able to understand bitcoin concept better than some average Joe, and no amount of reasoning can change their mind. Title: Re: People still don't know about Bitcoin Post by: YOSHIE on November 30, 2020, 08:02:48 AM How much there is who face this problem? If so, you should introduce Bitcoin or other crypto to the community where you live, and say something about Bitcoin, I'm sure they will accept it well if you teach them properly.My belief is that the majority of Crypto is generally known in urban, maybe rural areas if only a few people know about crypto, this may also happen a lot in other countries including my country, not generally knowing about crypto. But with the current sophistication of technology I think almost 70% people already know about crypto / bitcoin, sometimes people don't care, only certain people want to really know about Bitcoin. Title: Re: People still don't know about Bitcoin Post by: molsewid on November 30, 2020, 08:08:24 AM There are many people who still don't know about bitcoin or other cryptocurrencies. I don't know about others I am talking about my country and about my society. Whenever I ask from people about or talk about the Bitcoin. They ask what is this? This is not a problem if they don't know the bitcoin is. Why members here expect too many people know about bitcoin in their country? If this is a problem for you, then educate your society/country about bitcoin. Even if you educate them, there's no assurance that they will buy and use it because of the bitcoin's image in the news. Like in my country, bitcoin and other crypto-currency are used in social media scams as a payment mode or as an investment scheme like double your money in a month, so when they hear bitcoin, they will not use it even if they knew it. This is the problem because they knew about bitcoin, but the information they knew is not true.How much there is who face this problem? Title: Re: People still don't know about Bitcoin Post by: yayayo on November 30, 2020, 09:05:35 AM Don't expect it too much since a lot of people are not familiar with cryptocurrency most of them are really not familiar with this because it's too complicated for them only people who have a background to technologies and people who really are interested to cryptocurrency are the ones who are really are into crypto and also not people fiat still the easiest way to use it can use offline and online transaction.
ya.ya.yo! Title: Re: People still don't know about Bitcoin Post by: mezzaluna on November 30, 2020, 09:55:52 AM There are many people who still don't know about bitcoin or other cryptocurrencies. I don't know about others I am talking about my country and about my society. Whenever I ask from people about or talk about the Bitcoin. They ask what is this? How much there is who face this problem? We really cannot blame them if they do not have knowledge regarding Cryptocurrencies. Cryptocurrencies only lives within the Internet and people without access to Internet would really have no chance on learning them. One of the best way to introduce Bitcoin along with other Cryptocurrencies is by showing the results on what can be achieve if you have knowledge regarding them which is a great thing. Title: Re: People still don't know about Bitcoin Post by: Rikafip on November 30, 2020, 10:12:39 AM Moreover, I have noticed that IT guys are overrated. Just because someone knows how to think algorithmically and write some code using a programming language, doesn't mean he/she is smarter than an engineer or a mechanic. Also there are so many branches of programming. If someone is a front-end coder, he might have never even heard about blockchain. Well, it is a fact that in those early days bitcoin spread mostly among that group, and even now majority of people around me that are more knowledgeable about bitcoin and crypto in general are from that sector, and it is not a surprise. For me, thing that got me into crypto was mining part, and fact that you could make some money with your GPUs/CPUs , as back then (early 2014) I was really into PC hardware so for me that was kinda fun.Potentially, the reason why most IT specialists, programmers, developers, and other tech-savvy individuals cannot comprehend the significance of bitcoin, the reasons it was created in the first place, goals it aims to attain is because bitcoin is more than a mere software program. The thing is even if you are able to understand what code inside that program does, it won't tell you why it does so. For example, Satoshi has found a solution to the problem of Byzantine generals, he created a digital and scarce commodity that cannot be copied but can be sent to anyone in the world. Okay, great... But why do humans need it? Not everyone is ready to dive into a rabbit hole to find an answer. That's true, many simply do not see the reason why would they own any bitcoin. Whether for paying stuff, or as a form of investment as that's why majority of people are buying it for. Then there is a group of those that don;t want to admit that they were wrong because of ego, so they keep saying the same stuff. I was arguing with them for years on one IT forum, and almost none changed their mind. Despite all that, I still think that in these 11 years bitcoin spread more than even Satoshi or any other early people thought it will i such period of time, so I would say that we are ahead of the roadmap and,Title: Re: People still don't know about Bitcoin Post by: shoreno on November 30, 2020, 10:27:11 AM i think that was a normal reponse that you will get if a person you ask dont know anything about btc but for the people that already know it they will respond to you in another way .
all countries in the world have thier own percent of people that are not yet into bitcoin so if i were you i dont wanna stress myself much about this things . sometimes people are just late learner but for sure the adoption towards btc will soon improve . Title: Re: People still don't know about Bitcoin Post by: Rebecca Nixon on November 30, 2020, 10:42:10 AM There are many people who still don't know about bitcoin or other cryptocurrencies. I don't know about others I am talking about my country and about my society. Whenever I ask from people about or talk about the Bitcoin. They ask what is this? How much there is who face this problem? First of all, I would like to explain very briefly what bitcoin is . Bitcoin is a virtual currency, a cryptocurrency, based on blockchain technology. Bitcoin was created by Satoshi Nakamoto , an alias of someone who has kept his identity hidden until now. Bitcoins is a cryptocurrency among a huge market of these, but it is the most famous for being the first known to people. Bitcoins are listed on the cryptocurrency market, and can be bought and sold like a normal currency through an electronic purse or Wallet. The difference between cryptocurrencies and euros, for example, is that the former are virtual and decentralized currencies , without being controlled by banks or institutions like traditional currencies. :P Title: Re: People still don't know about Bitcoin Post by: gabbie2010 on November 30, 2020, 11:00:30 AM There are many people who still don't know about bitcoin or other cryptocurrencies. I don't know about others I am talking about my country and about my society. Whenever I ask from people about or talk about the Bitcoin. They ask what is this? How much there is who face this problem? We really cannot blame them if they do not have knowledge regarding Cryptocurrencies. Cryptocurrencies only lives within the Internet and people without access to Internet would really have no chance on learning them. One of the best way to introduce Bitcoin along with other Cryptocurrencies is by showing the results on what can be achieve if you have knowledge regarding them which is a great thing. Title: Re: People still don't know about Bitcoin Post by: fishbonez11 on November 30, 2020, 11:42:24 AM Only people who are in this forum can fully understand what Bitcoin is. Knowing how the mainstream media is giving wrong impression to its audience, surely people will stay away from it. There were only few platforms that allows people to gain right and correct and information about Bitcoin. Bitcoin is still in the early stage and gaining popularity more and more each year. Bitcoin will only be realized when mainstream and educational institutions provide good and essential information to the people.
Title: Re: People still don't know about Bitcoin Post by: milani on November 30, 2020, 11:51:12 AM There are many people who still don't know about bitcoin or other cryptocurrencies. I don't know about others I am talking about my country and about my society. Whenever I ask from people about or talk about the Bitcoin. They ask what is this? How much there is who face this problem? It is the same like there are lots of people that do not know who Elon Mask is or know nothing about Binance exchange for example, what is synchronizer or how to raise wheat. In every direction there will be new facts and lots of information for everyone. And of course Bitcoin is well-known for those who is interested in money, profit and investments. For lots of people who are not interested in such things at all it is still something unknown and new. Title: Re: People still don't know about Bitcoin Post by: bitterguy28 on November 30, 2020, 12:03:07 PM i think that was a normal reponse that you will get if a person you ask dont know anything about btc but for the people that already know it they will respond to you in another way . Actually even if they Know Bitcoin but the negative Crap only then sure no one of them will Use this Currency.Quote all countries in the world have thier own percent of people that are not yet into bitcoin so if i were you i dont wanna stress myself much about this things . sometimes people are just late learner but for sure the adoption towards btc will soon improve . They will eventually Learn this but not today,Don't expect that every person you will met has a knowledge about crypto because this is not true.Title: Re: People still don't know about Bitcoin Post by: rollingdice on November 30, 2020, 12:22:19 PM Why do you call it the problem? Bitcoin adoption can be sudden. People need more time to learn about Bitcoin and understand it.
Title: Re: People still don't know about Bitcoin Post by: narendra84740 on November 30, 2020, 12:43:28 PM Yeah, it's true. I am from India and most of the people here thinks it's some kind of illegal money, which mostly work for criminal and other illegal stuff.
Title: Re: People still don't know about Bitcoin Post by: Yamifoud on November 30, 2020, 01:12:13 PM There are many people who still don't know about bitcoin or other cryptocurrencies. I don't know about others I am talking about my country and about my society. Whenever I ask from people about or talk about the Bitcoin. They ask what is this? We can think that we are already in huge adoption but still, the majority haven't known yet about Bitcoin. Of, if even they heard the word Bitcoin as it was been talked about online but never know what is its role in our lives today. Total blindness still we saw around and we can't deny that because even on my family members never know as well. And the reason why the majority still not know about Bitcoin/crypto is that because many were also afraid to try due to doubts or nobody is telling them either.How much there is who face this problem? Title: Re: People still don't know about Bitcoin Post by: Anonylz on November 30, 2020, 02:07:27 PM There are many people who still don't know about bitcoin or other cryptocurrencies. I don't know about others I am talking about my country and about my society. Whenever I ask from people about or talk about the Bitcoin. They ask what is this? How much there is who face this problem? Not just your country, it happens in other countries too many people are still ignorant of btc, for now the number of people who are aware and understand btc is very little compare to those are still unaware but even at that the btc awareness keeps growing steadily, Compare to previous years btc has gain a lot of exposure, many people know btc now, if you look at the crypto Community, and as time passes many people will join the space. Title: Re: People still don't know about Bitcoin Post by: hahay on November 30, 2020, 02:17:05 PM It is not something that is surprising anymore I think, for me personally with the environment where I live, they are aware of the digital era that is growing so rapidly that they are not only familiar with bitcoin. In fact, sometimes they ask me about an investment project with a certain coin or token, and basically I don't know the project exists and is being developed in my country. It's funny, when cryptocurrencies are no longer truly anonymous these days but what is unfortunate is that they still argue that cryptocurrencies are a quick way to get rich.
Title: Re: People still don't know about Bitcoin Post by: chichidori on November 30, 2020, 02:36:23 PM We are a developing country here in Asia and it is sad to say that many of the elite knows about bitcoin and a small percentage of general public with nearly zero knowledge about it so I am now educating some of the younger people about crypto, I know I am no expert but telling them to read about it, its like helping them for their future.
Title: Re: People still don't know about Bitcoin Post by: Akash1243 on November 30, 2020, 03:18:02 PM I think many people stay away from bitcoins thinking it is some illegal thing.And majority of people in my country doesnt know about bitcoins and those who knows have only negative things to say.As bitcoin is reaching 20k ,many media articles might cover bitcoins then maybe more people might know a bit more about bitcoins.
Title: Re: People still don't know about Bitcoin Post by: jeniferqueen0409 on November 30, 2020, 03:30:37 PM Bitcoin is still a very new currency in the world. So we think it takes more time for some of the crowds to reach out and realize the convenience of using Bitcoin. Covid-19 is still happening and people are afraid of being in public contact and I believe Bitcoin will be the popular currency in buying and selling goods and people will know more about it.
Title: Re: People still don't know about Bitcoin Post by: TinaK on November 30, 2020, 03:49:16 PM We are a developing country here in Asia and it is sad to say that many of the elite knows about bitcoin and a small percentage of general public with nearly zero knowledge about it so I am now educating some of the younger people about crypto, I know I am no expert but telling them to read about it, its like helping them for their future. All the countries are already plan to develop the crypto knowledge and many hunters are similarly enter in the market. I think 2017 it was growing well in the market so already many peoples are invest the Bitcoin. It is a big discussion in China and India because these two countries have huge population so I expect everyone know the Bitcoin. Once it is globalized in the world it will reach all the peoples.Title: Re: People still don't know about Bitcoin Post by: plvbob0070 on November 30, 2020, 03:57:12 PM We have to understand if we encounter a lot of people who still have no idea what is bitcoin since it's still at the early stage of adoption. This is nothing new and it will still take time before we get to see more people know about bitcoin. Even if we are seeing news of bitcoin adoption, it's still not enough for other people to recognize it in certain areas. If you want to give an awareness op, then you can probably start by introducing what is bitcoin to some close people around you. But as I have said, it will take some time for bitcoin to be more known.
Title: Re: People still don't know about Bitcoin Post by: Luzin on November 30, 2020, 04:37:34 PM We are a developing country here in Asia and it is sad to say that many of the elite knows about bitcoin and a small percentage of general public with nearly zero knowledge about it so I am now educating some of the younger people about crypto, I know I am no expert but telling them to read about it, its like helping them for their future. I'm also from Asia, I think the level of advancement in technology and human resources has a huge influence on the development of Bitcoin knowledge. Even though I think the number of people who know about bitcoin has increased, but only a small part of it really knows about the Bitcoin technology. Maybe a lot of people hear about it but they think it's just an online gambling because they don't have access to learn about it.Title: Re: People still don't know about Bitcoin Post by: uneng on November 30, 2020, 05:23:39 PM Most people have already heared the word bitcoin sometime, but these same people have never show any interest for it. Probably they don't even know bitcoin is a digital currency.
It happens because most people are guided by mainstream media and in many cases only popular entertainment programs, what means these people don't watch news. So they won't know what bitcoin is until these entertainment programs put crypto subject on their content. However don't feel bad about it. People just pay the price for their own ignorance and lack of interest. Title: Re: People still don't know about Bitcoin Post by: bonjouros on November 30, 2020, 07:31:06 PM I am not surprised that it is not that very popular yet because most of the governments are not yet ready to teach crypto currencies in their country and I didn't see any country yet that do this kind of stuff.
But maybe in the future, crypto currencies will be included in the curriculum and this will surely serve as a bridge for the people to know about bitcoin or other crypto currencies. This is what I notice also in our country as I can see that there are very few who knows about bitcoin and what is worst, bitcoin has been use for scam investment in our country so bitcoins image here is pretty bad. Title: Re: People still don't know about Bitcoin Post by: sayaya17 on November 30, 2020, 08:19:05 PM There are only a few of my friends who know about bitcoin, and it’s also not entirely they really understand the benefits of bitcoin.
They just know that bitcoin can be for investment. But so far they could not make a profit from bitcoin. Because they think it’s too complicated to learn bitcoin. They don’t have time to learn and understand what bitcoin means and how bitcoin performs. They’re just focused on the field they’re working on right now. Title: Re: People still don't know about Bitcoin Post by: jerrison on November 30, 2020, 10:31:43 PM The global adoption of bitcoin is still at its infact stage campaigns to create awareness are yet to be unveiled as no regulated institution has been vested the responsibility to sponsor the campaign sanctions from different financial institutions from different countries are also reasons why its yet to gain massive adoption
Title: Re: People still don't know about Bitcoin Post by: AmoreJaz on November 30, 2020, 11:00:21 PM I’m not surprised with it. And I think it’s normal in all over the world. Because everyone wi not have knowledge in everything in this world. People learns new things all the time. So bitcoin is new thing to many people every day in this world. So, you have to understand it and make sure you teach them what really bitcoin and cryptocurrency is. I’m not saying to give them financial address, just give some information about bitcoin. and the fact that the adoption is still small up until today. so you cant really expect that a lot of people will have the knowledge about btc or crypto. some may have heard it, but only at that point. they havent had the motivation to learn further about crypto. but i guess, with the integration of paypal, some of its users who are previously noncrypto users, will find time to study it. because without basic knowledge, some people will indeed see it as complicated. most of them actually dont know how to start. i bet even within your family, maybe youre the only one who's into crypto. Title: Re: People still don't know about Bitcoin Post by: xanto on November 30, 2020, 11:07:22 PM It's amazing how those who heard about Bitcoin still think it's some kind of pyramid.
You can't educate everyone, but you can at least try to help your closest people understand it. They will be grateful one day. Title: Re: People still don't know about Bitcoin Post by: Kelvinid on November 30, 2020, 11:25:55 PM A thing that surely we can't deny it.
And probably the reasons are; *no internet *no interest (heard it already but just ignored due to the scamming effect) *capability status ( especially for third world country) We could say it was very unfortunate but the reality is that not all have been seeing Bitcoin as an opportunity, the same thing that not all people wanted to become a businessman. So this case is possible and it can be the same situation in the coming years. Title: Re: People still don't know about Bitcoin Post by: chanler on November 30, 2020, 11:42:41 PM Nothing to surprise, it is only a certain percentage of the people in this world to know about Bitcoin. Mostly, they don't know, don't care, or even don't want to know about it. Why? because they still do not know the worth of BTC, how it works, and also they are afraid of the negative issues, and also risks in BTC. However, you can help by spreading the good news, not telling the or promising to be rich, but you can show the way by learning deeply. However, so far, the development of people and industries knowing about cryptocurrency is actually increasing, there are many more people know about BTC and cryptos. But, still not many as what they are not involved.
Title: Re: People still don't know about Bitcoin Post by: Vaskiy on November 30, 2020, 11:53:58 PM We have to understand if we encounter a lot of people who still have no idea what is bitcoin since it's still at the early stage of adoption. This is nothing new and it will still take time before we get to see more people know about bitcoin. Even if we are seeing news of bitcoin adoption, it's still not enough for other people to recognize it in certain areas. If you want to give an awareness op, then you can probably start by introducing what is bitcoin to some close people around you. But as I have said, it will take some time for bitcoin to be more known. Just think of gold and fiat. They are all age old, and has reached this level through years and years of usage. With bitcoin, the usage is very small. Only after certain time period this will change, and the change will make a big impact on every market. Already it has grown, but in terms of real-time adoption it takes time. To determine the growth, bitcoin getting comparison to the history backed gold itself is enough.Title: Re: People still don't know about Bitcoin Post by: CryptopreneurBrainboss on December 01, 2020, 06:46:10 AM There are many people who still don't know about bitcoin or other cryptocurrencies. I don't know about others I am talking about my country and about my society. Whenever I ask from people about or talk about the Bitcoin. They ask what is this? In my region the sentiment are different, many people are aware of the currency but for the wrong reason. Many still think bitcoin is associated with ponzi scheme which is why many still call it a scam irrespective of the loud and different accomplished bitcoin has to her name. Of recent the government legalized it as a security and there are rumors of positive news coming in the future. Bitcoin has done quite well for itself, in just 10/11 years of existing it has created a housename for itself. Many people are knowing about the currency daily. If your society is backwards, take it up on yourself to spread the gospel and who knows you might get rewarded in regards to the recognition as one of the early adoption of the currency in your region. Title: Re: People still don't know about Bitcoin Post by: goldade on December 01, 2020, 09:11:22 AM There are many people who still don't know about bitcoin or other cryptocurrencies. I don't know about others I am talking about my country and about my society. Whenever I ask from people about or talk about the Bitcoin. They ask what is this? How much there is who face this problem? I find it funny that you're surprised by this fact. You should know that as large as the bitcoin community is, it is still a very tiny percentage of the world's population. A large percentage of world's population have no knowledge whatsoever of what bitcoin is. A much larger percentage, in fact, have the wrong knowledge of bitcoin. Many have associated bitcoin with Ponzi schemes and have believed it's nothing but a scam. These people are even harder to preach bitcoin to because they have a formed but perverse knowledge of it already unlike those who don't know at all. I believe the bitcoin still has a long way to go in its mass adoption in the mainstream world and it can only be done when bitcoin users like you and I preach bitcoin. Title: Re: People still don't know about Bitcoin Post by: kuldipgajjar on December 01, 2020, 12:03:58 PM One of the main challenges to mainstream adoption I remember reading was that Bitcoin held a certain stigma because it was mostly used to buy drugs and illegal weapons online. But despite this and many other obstacles, the author attempted to convince his readers that Bitcoin was a good investment.
Title: Re: People still don't know about Bitcoin Post by: Mr.sprin on December 01, 2020, 02:04:54 PM In what country do you live?
most countries already know bitcoin, only a few countries do not know bitcoin, maybe your country is one of them. I even heard the news that there are countries that include bitcoin in schools and they discuss it and many countries have used bitcoin as a transaction tool, one of which is the United States. in my country bitcoin is familiar even though bitcoin transactions are invalid but people know that bitcoin can be exchanged for fiat. Title: Re: People still don't know about Bitcoin Post by: sulendra12 on December 01, 2020, 02:20:27 PM There are many people who still don't know about bitcoin or other cryptocurrencies. I don't know about others I am talking about my country and about my society. Whenever I ask from people about or talk about the Bitcoin. They ask what is this? In here, they know what is "Bitcoin", but they don't know how to describe "Bitcoin". Confusing right?How much there is who face this problem? This is why you have seen people shittalking about Bitcoin, such as "Bitcoin is a scam, Bitcoin is used for money laundering, bla bla bla" because they don't know shit and just following other people's opinion to make them look cool(or you can say them normies), if they talk shit about it then just move on and spit it onto their face. If they want to know more about Bitcoin, then we should tell them more so we are growing stronger :) Title: Re: People still don't know about Bitcoin Post by: imstillthebest on December 01, 2020, 02:35:09 PM In here, they know what is "Bitcoin", but they don't know how to describe "Bitcoin". Confusing right? bitcoin is confusing i agree . you dont know if its really an investment or a currency , thats okay if they are being confused that way but being confused in another way like they dont know if bitcoin was legit or a scam but thier conscience mostly say that it was a scam , thats not right anymore . This is why you have seen people shittalking about Bitcoin, such as "Bitcoin is a scam, Bitcoin is used for money laundering, bla bla bla" because they don't know shit and just following other people's opinion to make them look cool(or you can say them normies), if they talk shit about it then just move on and spit it onto their face. If they want to know more about Bitcoin, then we should tell them more so we are growing stronger :) they dont know bitcoin but they act like as if they know it because the name bitcoin has recorded on thier head and they explain without a research to make them look cool , thats true. Title: Re: People still don't know about Bitcoin Post by: ILuckyGuyI on December 01, 2020, 03:21:28 PM There are too many people who have heard about Bitcoin but don't know what it really is. There is a good solution for this I think. If Bitcoin is educated as a lesson on universities etc. in most of the countries, I think it can be very beneficial. There are also online courses about Bitcoin too. Besides, when digital currencies replace fiat in the future, even people who are against cryptos are going to learn about cryptocurrencies to use it anyway.
Title: Re: People still don't know about Bitcoin Post by: DarkDays on December 01, 2020, 03:27:47 PM It happens because most people are guided by mainstream media and in many cases only popular entertainment programs, what means these people don't watch news. This is a major block to mainstream adoption of digital currency. The trouble is that majority of the 7bn people on Earth fall into that category where finance and fintech is not the topic they have an interest in. They get feed of the news and if any news on TV was to cover crypto (I doubt there has been any) it would be negative and how it is unsafe, so automatically people start believing. It is a great problem but not one that can be resolved easily - time is crucial in helping to address this. Title: Re: People still don't know about Bitcoin Post by: pragna on December 01, 2020, 04:25:33 PM There are many people who still don't know about bitcoin or other cryptocurrencies. I don't know about others I am talking about my country and about my society. Whenever I ask from people about or talk about the Bitcoin. They ask what is this? How much there is who face this problem? In my country young generation knowing very speedily but middle age men or old aged men not knowing about it and i think they don't need to know instantly. I think gradually they will also know about this market. But i think to know anything at present time is very easy because internet is all over the world and anybody who wants to know deeply can get help from it. So nothing is problem right now. thanks. Title: Re: People still don't know about Bitcoin Post by: Twentyonepaylots on December 01, 2020, 06:32:54 PM There are still some countries which bitcoin is not legalized that is making many of their citizens not to have any idea on digital currency in the country. I think it's not a hindrance for someone who wants to know about anything, moreover if their country is against with bitcoin they are more likely to know and research about it due to curiosity that will strike their heads. Many government are still seeing bitcoin as a scam currency which is not centralized in the world that is making some country not to allow such currency in their country because the currency is not control by the government in the country. Nah, I don't think "scam" is the reason why some governments are not into bitcoin, it is just that a precaution for them not to take any hype from what is on the trend. Besides, people are free to use any kind of currency they want if their country isn't that strict. Bitcoin is well legalized in my country where you can eat and pay with bitcoin in any restaurant in the community without any question of paying with Bitcoin which everyone are use to in the country. Every citizens in the country are use to bitcoin investment which many people have use it to grow their businesse in the country. Here too, I noticed a massive changes after 2017's overhype on cryptocurrencies with bitcoin reaching $20K. I can even pay with bitcoin in here, like electricity bills, water bills, etc. I hope there'll be more of crypto concepts ahead of us.Title: Re: People still don't know about Bitcoin Post by: SektorPiii on December 01, 2020, 07:41:16 PM Despite the fact that in 2020 the number of people investing in cryptocurrency increased by 200%, most people do not know about bitcoin,or do not trust it. I think it's just a matter of time, and there will be more of us.
Title: Re: People still don't know about Bitcoin Post by: carlfebz2 on December 01, 2020, 07:47:30 PM Despite the fact that in 2020 the number of people investing in cryptocurrency increased by 200%, most people do not know about bitcoin,or do not trust it. I think it's just a matter of time, and there will be more of us. Where did you get those numbers? We cant really actually tell the precise number of increase on what we do have now on this year when it comes to awareness or adoption but its pretty clear that it is way more than that we do have compared into those early years of bitcoins existence.Adoption is on another level now even though it isnt into its fullest but now we are really getting some recognition now and that what really matter most.Sooner or later when bitcoin is really making up some noise then everybody will surely be aware of its existence. Title: Re: People still don't know about Bitcoin Post by: Ridwan Fauzi on December 01, 2020, 07:50:46 PM There are many people who still don't know about bitcoin or other cryptocurrencies. I don't know about others I am talking about my country and about my society. Whenever I ask from people about or talk about the Bitcoin. They ask what is this? Now I don't care with that, there is no advantage to me for those who don't know bitcoin and other crypto currency. Because bitcoin is already popular, sooner or later they will know by themselve and find more information about it.How much there is who face this problem? I always find a situation where I talk about bitcoin and they didn't know about it they always underistimate against. Unless, they ask me about bitcoin then I'll be pleasure to explain about it. Let them know bitcoin by themselve, yeah I believe there will be many people who will be interested to bitcoin in the future, it just the matter of time. Title: Re: People still don't know about Bitcoin Post by: #dhabitamartha on December 01, 2020, 07:56:37 PM bitcoin is popular but sometimes when I give someone an understanding, they just ask what is the benefit of bitcoin, how to use it? Bitcoin is crypto money that can only be used on the internet but can make money in the exchange and sale of shares, I have to explain in more detail sometimes they need authentic proof when I can give examples, and I have to provide a lot of information and risks. whatever will happen.
Title: Re: People still don't know about Bitcoin Post by: Zanab247 on December 01, 2020, 08:18:25 PM Yes, because they are use to fiat money in the country that is why they are finding it difficult to understand bitcoin in the country. Such people who don't still know bitcoin are those people who live in a country where bitcoin is not legalized.
Title: Re: People still don't know about Bitcoin Post by: Inspiron14 on December 01, 2020, 09:41:09 PM Despite the fact that in 2020 the number of people investing in cryptocurrency increased by 200%, most people do not know about bitcoin,or do not trust it. I think it's just a matter of time, and there will be more of us. That's right, Bitcoin just takes time to get popular in the world, and now Bitcoin is doing it slowly, mass adoption continues, paypal recently made it curious that they added crypto currency on their platform, of course this is good for the popularity of bitcoin. Title: Re: People still don't know about Bitcoin Post by: Sled on December 01, 2020, 10:02:42 PM bitcoin is popular but sometimes when I give someone an understanding, they just ask what is the benefit of bitcoin, how to use it? Bitcoin is crypto money that can only be used on the internet but can make money in the exchange and sale of shares, I have to explain in more detail sometimes they need authentic proof when I can give examples, and I have to provide a lot of information and risks. whatever will happen. That is because they are still in the doubts. People like this want to see it physically and only they believe when you can show it to them and when they can see it to you. You can't make them understand and you are just wasting your time for them helping to know Bitcoin and explaining its purpose. Let them make themselves to discover it.Title: Re: People still don't know about Bitcoin Post by: lienfaye on December 01, 2020, 10:17:54 PM This is not unusual. Many countries still dont recognize bitcoin and other cryptocurrencies, the reason why it is not popular and people are not aware of their existence.
The same goes here, I only have 2 friends who knows about bitcoin. But if you ask other people about bitcoin its either they are clueless or knows about it only as scam based on the news that they saw on tv and not taking time to research if its true. If the government recognize bitcoin and implemented full adoption then its the start for bitcoin to be known widely. However this is uncertain since bitcoin is decentralized that they cant control. Title: Re: People still don't know about Bitcoin Post by: CODE200 on December 01, 2020, 10:22:13 PM Despite the fact that in 2020 the number of people investing in cryptocurrency increased by 200%, most people do not know about bitcoin,or do not trust it. I think it's just a matter of time, and there will be more of us. That's right, Bitcoin just takes time to get popular in the world, and now Bitcoin is doing it slowly, mass adoption continues, paypal recently made it curious that they added crypto currency on their platform, of course this is good for the popularity of bitcoin. Title: Re: People still don't know about Bitcoin Post by: kayvie on December 01, 2020, 10:38:24 PM There is nothing to be surprised about that. It is expected to know that there are still people who do not know about bitcoin because it is not legalized yet in every part of the world. Aside from that, there are some countries that prohibit their people to use bitcoin, in this case, it will limit the people to use and spread the word or even know and research about bitcoin.
Title: Re: People still don't know about Bitcoin Post by: FlightyPouch on December 01, 2020, 11:13:29 PM I told this a lot of times since I am living in a province where people don't know about bitcoin. People may know it but it is either they look at it as a scam or they don't have any idea how to use it and don't want to be a part of it. There are some that approached me not because I am using it but because people knew I am earning from it.
Title: Re: People still don't know about Bitcoin Post by: concept2 on December 01, 2020, 11:35:06 PM Not many people understand or even know about bitcoin in my country. It is not a shame at all. Bitcoin is an invention for future and since they live in the current time, they dont eant to waste their time learning new things.
My solution: dont talk about bitcoin infront of them. Title: Re: People still don't know about Bitcoin Post by: idrisalomagold on December 02, 2020, 12:28:19 AM People dont know it yet because only people in the bitcointalk aside from investors are capable of doing research about it.
Anyways, we are not yet on the mainstream adoption that is why few people do not have the slightest idea what is bitcoin. But that doesn't mean it can affect bitcoin especially in its price action. Title: Re: People still don't know about Bitcoin Post by: matchi2011 on December 02, 2020, 01:12:32 AM There is nothing to be surprised about that. It is expected to know that there are still people who do not know about bitcoin because it is not legalized yet in every part of the world. Aside from that, there are some countries that prohibit their people to use bitcoin, in this case, it will limit the people to use and spread the word or even know and research about bitcoin. It's not surprising as there are still lots of places where technology like internet services is not yet being leanred. How would they will know this new system if there's o internet service yet. Even there are already adoptions that take place from big known businesses it's isn't enough to reached all places of the world, maybe in the next 5-10 years chances that wide adoptions will take place. Title: Re: People still don't know about Bitcoin Post by: Swopon on December 02, 2020, 01:13:07 AM There are many people who still don't know about bitcoin or other cryptocurrencies. I don't know about others I am talking about my country and about my society. Whenever I ask from people about or talk about the Bitcoin. They ask what is this? Is it really a problem? It's very common that everyone will not get the proper access to know everything. You don't know everything. By this way, cryptocurrency is still a new thing to those where it is not legalized and prohibited by government. Education system is also responsible for this. After all, it is not surprising to me to face such situation. How much there is who face this problem? Title: Re: People still don't know about Bitcoin Post by: NavI_027 on December 02, 2020, 01:25:13 AM Dude don't worry, you are not alone ;D. I'm pretty sure that most of us here are feeling like the way you do and as well as struggling on finding someone who can relate to unto us. But may I know first, on what country do you reside? I ask because maybe the crypto adoption there is wider and it just so happened that you are unfortunate to meet people having the same interest. Try to roam further. But well, if you came from a third world country like me then I can't blame you lol. It's really rare to find a fellow crypto enthusiast. And in my perspective, the reason behind all of this are the cause and effects of poverty. Our government tend to give more focus first on giving solutions regarding corruption, crimes, food shortages, transportation problems. Digitalisation/Modernization is the least priority.
Title: Re: People still don't know about Bitcoin Post by: Gemini24 on December 02, 2020, 04:55:01 AM There are many people who still don't know about bitcoin or other cryptocurrencies. I don't know about others I am talking about my country and about my society. Whenever I ask from people about or talk about the Bitcoin. They ask what is this? I don't see any problem with that. I'm not surprised because bitcoin is still not recognized by the government the reason why there are still more people didn't pay attention to it, there are people already know that bitcoin really exists but they choose to ignore it. Here in the place where i live, almost 5 percent of us are using bitcoin or any cryptocurrency, the rest are still not interested even though we have been tried so many times to explain to them how does it works.How much there is who face this problem? Title: Re: People still don't know about Bitcoin Post by: Lorence.xD on December 02, 2020, 05:06:53 AM Dude don't worry, you are not alone ;D. I'm pretty sure that most of us here are feeling like the way you do and as well as struggling on finding someone who can relate to unto us. But may I know first, on what country do you reside? I ask because maybe the crypto adoption there is wider and it just so happened that you are unfortunate to meet people having the same interest. Try to roam further. But well, if you came from a third world country like me then I can't blame you lol. It's really rare to find a fellow crypto enthusiast. And in my perspective, the reason behind all of this are the cause and effects of poverty. Our government tend to give more focus first on giving solutions regarding corruption, crimes, food shortages, transportation problems. Digitalisation/Modernization is the least priority. Well, to be honest, it doesn't matter that only few knows about bitcoin, it is still not mainstream and media outlets love to shit on bitcoin whenever they can because that is the news story that sells, not to mention some countries including mine does not pay attention so much about bitcoin, like any corrupt third world country, they are busy with tug of war for power. I feel bad that modernization is the least because I believe that if this were the priority, countries will benefit and prosper more rather than maintaining archaic system that benefits the few.Title: Re: People still don't know about Bitcoin Post by: Shallow on December 02, 2020, 07:07:44 AM Don't be surprised but it is normal and just as it is in your location, that's also how it is in some other locations, although the number can vary. One thing you should understand is, Bitcoin is making progress and it's growing as well, to further understand this, the number of people who knew about Bitcoin when it was created was far smaller, many didn't even believed in it, but today the number has increased massively while the number of people who believes in it, is now higher. In your location, it might look like many won't come to know about it, but gradually they will because the more they come across it, the more they get inquisitive and the more they start coming in.
Every location or country experienced it at one point in time before many people get to join in, in addition, I would encourage you that at every given opportunity, endeavour to educate them well on what Bitcoin is all about, how to get started as well as stating the risks involved; this is very important. Title: Re: People still don't know about Bitcoin Post by: samputin on December 02, 2020, 08:33:44 AM People dont know it yet because only people in the bitcointalk aside from investors are capable of doing research about it. Well, I think so too. I think it's normal and I think that's okay. Many people really don't know about it yet and most probably it's because of lack of knowledge. However, it's not that big of a problem. It would be if it's affecting bitcoin badly. But I don't think it's not. So let's just continue what we're doing and as time goes by, many people will surely know it. We'll still get there. Anyways, we are not yet on the mainstream adoption that is why few people do not have the slightest idea what is bitcoin. But that doesn't mean it can affect bitcoin especially in its price action. Title: Re: People still don't know about Bitcoin Post by: Salauddin1994 on December 02, 2020, 08:41:40 AM The reason people still don't know about bitcoin is not yet legalized in their country and they have no idea about bitcoin they would have used bitcoin if they had known about the use of bitcoin even if it was not legal the main feature of bitcoin is privacy. That means you can work in such a way that no one will recognize you even if you are born and the advantage of this is that you don't have to be an adult to use it abroad so many children earn pocket money by working at bitcoin. Those who don't know anything about bitcoin have a lot to know and learn about bitcoin.
Title: Re: People still don't know about Bitcoin Post by: dizzy1996 on December 03, 2020, 07:24:08 AM To be honest, this is not strange, because many countries are really skeptical about Bitcoin, and many often think that Bitcoin is a fraud and this is, of course, very bad that simply the lack of awareness of people and the lack of desire of local authorities to show the possibilities of cryptocurrencies lead to such deicussions
Title: Re: People still don't know about Bitcoin Post by: Tingtong on December 03, 2020, 09:10:32 AM There are many people who still don't know about bitcoin or other cryptocurrencies. I don't know about others I am talking about my country and about my society. Whenever I ask from people about or talk about the Bitcoin. They ask what is this? How much there is who face this problem? Yep, i agree with you. Many people of societies or countries do not know about bitcoin. That's because of his/her country system or not qualified.The government of every country should be informed about this for know it. And i can say that everyone should be interested to know about bitcoin. Title: Re: People still don't know about Bitcoin Post by: fridrix21 on December 03, 2020, 09:21:16 AM I have not come across such a strong ignorance, basically, if you ask people about cryptocurrency, they will answer that they only know Bitcoin. Nobody really knows about altcoins. But I'm sure this will change soon, possibly as early as 2021.
Title: Re: People still don't know about Bitcoin Post by: Cryptoreflector_666 on December 03, 2020, 09:24:59 AM To be honest, this is not strange, because many countries are really skeptical about Bitcoin, and many often think that Bitcoin is a fraud and this is, of course, very bad that simply the lack of awareness of people and the lack of desire of local authorities to show the possibilities of cryptocurrencies lead to such deicussions It is not clear what guides people who still, in 2020, believe that bitcoin is a fraud)) Well, a fraudster can steal your bitcoins, but how does bitcoin itself relate to fraud? In my opinion, this is the nonsense of ignorant people who should study the issue deeper before making such conclusions. Title: Re: People still don't know about Bitcoin Post by: fileo on December 03, 2020, 09:40:40 AM There are too many people who have heard about Bitcoin but don't know what it really is. There is a good solution for this I think. If Bitcoin is educated as a lesson on universities etc. in most of the countries, I think it can be very beneficial. There are also online courses about Bitcoin too. Besides, when digital currencies replace fiat in the future, even people who are against cryptos are going to learn about cryptocurrencies to use it anyway. I guess the government will not include Bitcoin subject in school curriculum because at the first place Bit coin is decentralized. Meaning as long as it is decentralized no one would dear to include Btc as a subject need to study. Maybe in minor studies Bitcoin is relevant and will guide as a good example of investment and logical analysis. Title: Re: People still don't know about Bitcoin Post by: Rebecca Nixon on December 03, 2020, 10:14:46 AM For all who know not enough for cryptocurrencies this may help. Also and read https://noriskmatchedbetting.co.uk/ (https://noriskmatchedbetting.co.uk/) all safe places to invest.
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Title: Re: People still don't know about Bitcoin Post by: matchi2011 on December 03, 2020, 04:07:00 PM In my country, especially big cities, many already know about Bitcoin, but unfortunately they only know Bitcoin for investment and can make people get rich quick, but don't want to know what Bitcoin actually is. and maybe in my country I should do more about education about what Bitcoin is and what Bitcoin is for Additional information will guide them to learn deeper, it's not all about investment but a system that will help once adoptions take place with businesses. It will fasten the transactions between borders, it's good to have this idea to help the community to learn more about bitcoin and how it should be treated and how it will work for the betterment. Title: Re: People still don't know about Bitcoin Post by: Traderbtcc on December 03, 2020, 05:20:47 PM In as much as bitcoin is becoming popular as the day goes bytha doesn't mean they are people who know about it or heard, but don't know how to go about it, and it's not just in your country it's everywhere, in my country there are some thick native villages where they are no electricity nor network service, so how do you expect such people to know about bitcoin? It's almost impossible, nevertheless I believe with time it's going to become known by even the people who live in such areas.
Title: Re: People still don't know about Bitcoin Post by: Timmzzy on December 03, 2020, 07:31:03 PM There are many people who still don't know about bitcoin or other cryptocurrencies. I don't know about others I am talking about my country and about my society. Whenever I ask from people about or talk about the Bitcoin. They ask what is this? How much there is who face this problem? I think as generation goes or pass by so many will adopt to know what Bitcoin or other crypto currency is. When I first started it took me months and now it's over 3 years I came to know so. For everything to fall in place it needs patience and time. Title: Re: People still don't know about Bitcoin Post by: ekeh on December 03, 2020, 10:52:18 PM The easy way to spread out the knowledge about the bitcoin is to introduce it as subject in class, by introduce it to secondary school senior level, which it can be go round the community, by creating awareness to the parents and guidance.
Title: Re: People still don't know about Bitcoin Post by: FlightyPouch on December 03, 2020, 11:07:55 PM I have not come across such a strong ignorance, basically, if you ask people about cryptocurrency, they will answer that they only know Bitcoin. Nobody really knows about altcoins. But I'm sure this will change soon, possibly as early as 2021. It is not certain that the mindset will change in 2021, as long as there is no education from the community or seminars that discuss cryptocurrency that achievement will never come. If that's all there is I think it will be faster to adapt to learn about bitcoin and altcoins. It will be a lot faster if there are a lot of platforms or stores that will be using and accepting it. Seminars are not that effective if people are not actually seeing what it can do, and usually people are skeptical to join these kind of seminar as we all know, they think bitcoin as a scam. As more accepts it, the more they will be pushed to use it. Title: Re: People still don't know about Bitcoin Post by: daarul50 on December 03, 2020, 11:20:21 PM I can just make an interesting observation in my living environment again. Very few people were interested in Bitcoin, until 2017 came when many suddenly bought Bitcoin at inflated prices. Then came the crash, everyone cursed Bitcoin as the devil's stuff and scam. Then they weren't interested in Bitcoin at all for three years, and suddenly these people are talking about buying Bitcoin again :) Human nature.They love good things but hate the bad sides one . Well nothing run smoothly in good way all the time right? There must be an obstacle and they are skipping it out and meet it again now. People will fully understand about bitcoin when they thinks it is really needed. And toay is the day where it is pretty hard getting a job, starting a business but there is a door openly wide to invest some money in growing asset like bitcoin. They did it without realizing there is a huge risk in it , we'll see later if something bad happened lol. Title: Re: People still don't know about Bitcoin Post by: Debonaire217 on December 04, 2020, 02:59:35 AM As long as there are people who keep on using cryptocurrencies for an unpleasant way of transactions, the reputations of the cryptocurrencies such as Bitcoin will be hard to build. But as what I am seeing now, even financial institutions are being aware of cryptocurrencies and becoming interested on it. Thus, they are striving to climb up their way to impose regulations and to adopt to this new technology that could change the future of transactions. When I am telling my friends about it, they are first saying that it was a scam or they will just lose their money, but upon seeing the improvement of the market, they are now the one that is trying to reach out in order to learn which I think is good. It is an indication of a new market adoption as they already see the opportunity from Bitcoin as a tool not just for investment but also for transactions.
Title: Re: People still don't know about Bitcoin Post by: xSkylarx on December 04, 2020, 03:58:13 AM How much there is who face this problem? 3rd world countries and old generations that are born in 70's below will always face this problem. We can't blame the 3rd world countries because not all people are updated or can afford to have the latest technology or trend. Meanwhile, old generations will always prefer what they've been used to and that is traditional fiat. It's just funny to think that this pandemic triggered the use of cashless payment and here in our country more people now are interested in bitcoin. Title: Re: People still don't know about Bitcoin Post by: Gotumoot on December 04, 2020, 05:09:20 AM Don't expect that every around you would know about it we all have different hobbies and interest so they might not care about it.
It isn't surprising at all specially to the old and not interested to technology. Even if I am well known crypto earner in my group of friends some of my family member still doesn't know about Bitcoin and crypto. I don't expect anyone around me or even in my neighborhood to know about it since not everyone would have the same information that you have. Title: Re: People still don't know about Bitcoin Post by: bitterguy28 on December 04, 2020, 06:23:17 AM I think there are still a lot of people who know about Bitcoin, but I think the current concern is what kind of role bitcoin will play in global financial products, which determines how people in the future will recognize and treat it it is Financial freedom,The whole concept of Bitcoin is to Let people have their Currency without the interference of third party in which causes the value dependent in the state while we as human can circulate and manage our own Money.Maybe there are some things that must need to clarify and revised but the whole Idea of satoshi regarding this is the best for people to have power over their assets. Title: Re: People still don't know about Bitcoin Post by: Josefjix on December 04, 2020, 07:38:10 AM There are a lot of people in my community who don't know what Bitcoin is and what it serves, they sometimes take it as an online scam project which is predicted by them to crash someday like MLM businesses online. I have tried by all means to educate the few I can about Bitcoin and what it is truly used for and how it works to save our economy from the fraudulent banking institutions. Sometimes people are actually educated and clueless, you can't utterly blame them.
Title: Re: People still don't know about Bitcoin Post by: blckhawk on December 04, 2020, 09:03:41 AM There are many people who still don't know about bitcoin or other cryptocurrencies. I don't know about others I am talking about my country and about my society. Whenever I ask from people about or talk about the Bitcoin. They ask what is this? Though Bitcoin seems popular lately especially now that it is making a great entrance. However, there are still tons of people who heard it already but they didn't know how it works. Even venturing on it without have prior knowledge. They usually ask what is this and once they heard that there will be a profit on it they will recklessly invest. I think for people to fully understand the whole system, there must be a highly influential person who will introduce it to them or much better if it will be their own government. Public promulgation would be the key.How much there is who face this problem? Title: Re: People still don't know about Bitcoin Post by: Question123 on December 04, 2020, 01:46:49 PM Bitcoin is new and many people did not know what is bitcoin and how it works because not all them are interested to the technology or they did not using internet everyday or they did not access to the internet connection so they did not what is happening to the online world.
But do not be worry because I believe someday after few many years the population of the bitcoin user will grow and it will use it in the different store and anything but now we can spread the good news of having bitcoin in our life because we earn money and the transaction is easy by using this. Title: Re: People still don't know about Bitcoin Post by: Kelvinid on December 04, 2020, 01:48:16 PM There are a lot of people in my community who don't know what Bitcoin is and what it serves, they sometimes take it as an online scam project which is predicted by them to crash someday like MLM businesses online. I have tried by all means to educate the few I can about Bitcoin and what it is truly used for and how it works to save our economy from the fraudulent banking institutions. Sometimes people are actually educated and clueless, you can't utterly blame them. It is a kind of misconception because they don't know yet about Bitcoin and for sure they even experience being scammed. Usually, people that heard about scams will affect all online opportunities not even to bother asking the cause. Anyway, these people never meant for crypto, their mind is already been programmed to think that Bitcoin is just a scam scheme, we can't either push them but only to give hope that they will realize soon that they are wrong and change their mindset. Title: Re: People still don't know about Bitcoin Post by: suzanne5223 on December 04, 2020, 02:01:54 PM I think there are still a lot of people who know about Bitcoin, but I think the current concern is what kind of role bitcoin will play in global financial products, which determines how people in the future will recognize and treat it Statistics of all total number of active Bitcoin wallet shows that only 2% of the world population use Bitcoin and this shows that 1/4 of the population are aware of Bitcoin existence. However, judging by the rate of poverty and the numbers of people who don't have access to the internet i can completely say people are not aware of Bitcoin existence and this is the reason why we need to government to support crypto, provide electricity and affordable Internet to people in the rural region but for people in a city like where OP reside is our duty to make them know the benefit of Bitcoin. Title: Re: People still don't know about Bitcoin Post by: Lorokan on December 04, 2020, 02:18:40 PM There are many people who still don't know about bitcoin or other cryptocurrencies. I don't know about others I am talking about my country and about my society. Whenever I ask from people about or talk about the Bitcoin. They ask what is this? How much there is who face this problem? This is possible; there are over a billion people in the world; and if some fractions don't know about bitcoin; it means no harm. d you know that not everyone uses the local banking services that we have available to everyone? Also, the blockchain does not need everyone to be informed about it; we just need atleast 40% of the world population to effectively use bitcoin and aid the global adoption. Title: Re: People still don't know about Bitcoin Post by: Sapphire915 on December 04, 2020, 02:20:13 PM Its true. Despite the trend and popularity of bitcoin all over the world, there are still a lot of people who didn't know about it or never heard anything about cryptocurrencies. And we should understand that each peoples location/places are highly considered in Crypto Industry. Meaning, those who are living in the City, are more digitalized and much tech savvy people so its 50-90% of them probably learned and uses bitcoins...and those who are living in some remote areas or isolated places with slow internet signal or no access to the technology at all, are definitely the people who never heard crypto currencies or any digital payment methods for they keep on using their traditional fund management and payment system. In addition to that, I can also see that those elderly people in the society, conservative and not so techy individuals are those who raised one eyebrow when I began to talk and introduce bitcoins and other digital currencies. And we should respect and understand them, their views and ways of earning are mostly in physical manpower system as well as managing their funds and payments and they don't have enough time to learn about bitcoins unless they are much interested to learn more about it.
Title: Re: People still don't know about Bitcoin Post by: Smartprofit on December 04, 2020, 02:33:34 PM There are many people who still don't know about bitcoin or other cryptocurrencies. I don't know about others I am talking about my country and about my society. Whenever I ask from people about or talk about the Bitcoin. They ask what is this? How much there is who face this problem? Most people on planet Earth are aware of Bitcoin. There was a lot of hype in 2017. Many people own bitcoins but hide this fact. They are afraid of robbery. In many countries, cryptocurrency holders are not protected by law. Cryptocurrencies are in the gray area. This is one of the reasons why bitcoin did not become people's money. There are currently few people who want to become evangelicals, people who will talk about bitcoin and educate newbies. Institutional investors are currently buying Bitcoin. Bitcoin is the future reserve currency. Currency of large corporations and individual states. Title: Re: People still don't know about Bitcoin Post by: bitzizzix on December 04, 2020, 02:44:18 PM There are many people who still don't know about bitcoin or other cryptocurrencies. I don't know about others I am talking about my country and about my society. Whenever I ask from people about or talk about the Bitcoin. They ask what is this? How much there is who face this problem? Most people on planet Earth are aware of Bitcoin. There was a lot of hype in 2017. Many people own bitcoins but hide this fact. They are afraid of robbery. In many countries, cryptocurrency holders are not protected by law. Cryptocurrencies are in the gray area. This is one of the reasons why bitcoin did not become people's money. There are currently few people who want to become evangelicals, people who will talk about bitcoin and educate newbies. Institutional investors are currently buying Bitcoin. Bitcoin is the future reserve currency. Currency of large corporations and individual states. most likely they are hiding in owning bitcoin or cryptocurrency for fear of being hacked or simply lost, moreover, they are still afraid of the government that still can't legalize it and many other reasons. Title: Re: People still don't know about Bitcoin Post by: Noctis Connor on December 04, 2020, 03:18:30 PM The easy way to spread out the knowledge about the bitcoin is to introduce it as subject in class, by introduce it to secondary school senior level, which it can be go round the community, by creating awareness to the parents and guidance. It is the best idea on how you can easily spread the knowledge the question is are schools willing to accept this in to the society which is really hard to believed that you can earn from it many people are got scammed by ponzi scheme sites where promising double their money within a few days, And many parents wouldn't enroll their children for this if that's their experience already, If someone has the courage to introduce it and will be implemented as a subject in school many people will have a good future by using bitcoin.Title: Re: People still don't know about Bitcoin Post by: Wipeout2097 on December 04, 2020, 04:18:49 PM I think, that's not astounding, indeed in spite of the fact that the community of bitcoin is presently greater than some time recently, there are still a few individuals who do not know things almost crypto, to begin with of all, cryptocurrency isn't a portion of the program in school, so there's no way to memorize around it unless you investigate the web and discover things around it. The moment is that not all nations have a steady web association so it would be a huge battle for them to get to the cryptocurrency.
Title: Re: People still don't know about Bitcoin Post by: Lordhermes on December 04, 2020, 04:30:13 PM I think, that's not astounding, indeed in spite of the fact that the community of bitcoin is presently greater than some time recently, there are still a few individuals who do not know things almost crypto, to begin with of all, cryptocurrency isn't a portion of the program in school, so there's no way to memorize around it unless you investigate the web and discover things around it. The moment is that not all nations have a steady web association so it would be a huge battle for them to get to the cryptocurrency. I can surprise you now that there are highly rated universities and colleges taking the course of blockchain and cryptocurrencies as a study, but not in all the region of the world, research has shown that Africa is less aware of bitcoin and her usage. Yes of course, the usage of web is not very active and used in some country so that would affect them in searching for the usage of bitcoin, but I'm sure in the future, it gonna be all round to every corner. You can check in this thread for colleges offering blockchain as courses. Institutions offering blockchain courses and programs in the world. (https://bitcointalk.org/index.php?topic=5283129.msg55412477#msg55412477) Title: Re: People still don't know about Bitcoin Post by: Kong Hey Pakboy on December 04, 2020, 06:05:21 PM There are many people who still don't know about bitcoin or other cryptocurrencies. I don't know about others I am talking about my country and about my society. Whenever I ask from people about or talk about the Bitcoin. They ask what is this? Even bitcoin, blockchain technology, and cryptocurrency has already been recognized globally, it doesn't mean a lot of people knows about it because not all people are into investment. We can also compare it in famous hollywood actor and actresses that it doesn't mean they have been appearing in the movies, people already know about them. But don't you worry bitcoin is continuously increasing it's users day by day because of mass adoption that in the near future bitcoin's price will be tremendously more valuable than ever.How much there is who face this problem? Title: Re: People still don't know about Bitcoin Post by: Smartvirus on December 04, 2020, 07:44:54 PM The term Bitcoin is a very familiar one to many individuals, especially amongst the youths but surprisingly, not many of them know what bitcoin really is. They just settle with the fact that it is a cryptocurrency which makes it valuable and that's it. It doesn't interest them or are not a bit curious as to knowing how it came to be or how it works. I guess it's an individual thing as most persons are just more okay with the physical things, things they could actually see, touch feel and can quantify rather more accurately. But then, they forget that it pays to have knowledge and knowledge is power they say.
Title: Re: People still don't know about Bitcoin Post by: Oilacris on December 04, 2020, 07:54:07 PM There are many people who still don't know about bitcoin or other cryptocurrencies. I don't know about others I am talking about my country and about my society. Whenever I ask from people about or talk about the Bitcoin. They ask what is this? How much there is who face this problem? You shouldnt be surprised since crypto or bitcoin isnt still on full adoption scale which means not everyone is really aware into its existence thats why when you do ask or do tell about it then its not new that they would really be neither having those reaction. Adoption is still on the move and lets be patient that everyone would really be aware of it one day but now we are still on the process on where its normal that there would be still lots which doesnt know about Bitcoin. Consider yourself lucky on knowing bitcoin ahead of theirs yet you would able to get the benefits of it compared to them. Title: Re: People still don't know about Bitcoin Post by: LittleBitFunny on December 04, 2020, 08:23:26 PM Cryptocurrency is a very common term in the developed countries of the world. Low-income countries and those in the under-development phase are less aware of cryptocurrency. However, it is undeniable that developing countries have a lot of interest in cryptocurrency and Bitcoin. For example, many Indian crypto projects are announced in forum,, You know, Bitcoin was illegal in India a few days ago.
Title: Re: People still don't know about Bitcoin Post by: Rengga Jati on December 04, 2020, 11:33:18 PM There are many people who still don't know about bitcoin or other cryptocurrencies. I don't know about others I am talking about my country and about my society. Whenever I ask from people about or talk about the Bitcoin. They ask what is this? If it really happens, so this is your chance and time to introduce too many more people to what Bitcoin and crypto are. In my country, many people have realized about Bitcoin. Bt it is quite same, many old people also don't think about it. They may be not interested and also will not focus on this term. Moreover, many young people are also still not aware of it although they will know it easily, they do not put their attention to it. having real work still becomes a priority in our country. How much there is who face this problem? Title: Re: People still don't know about Bitcoin Post by: verita1 on December 04, 2020, 11:57:53 PM The main reason why people do not know about Bitcoin is that they have not received the simple and clear information about this technology. Since Bitcoin is decentralized, governments have not been interested in aligning itself with Bitcoin. But it will be a matter of time for more people to know about Bitcoin from 2021. Let's see what technologies have been working on and what products and applications they will offer us after the noise that Bitcoin made in 2020.
Title: Re: People still don't know about Bitcoin Post by: Twinkledoe on December 04, 2020, 11:59:23 PM The main reason why people do not know about Bitcoin is that they have not received the simple and clear information about this technology. Since Bitcoin is decentralized, governments have not been interested in aligning itself with Bitcoin. But it will be a matter of time for more people to know about Bitcoin from 2021. Let's see what technologies have been working on and what products and applications they will offer us after the noise that Bitcoin made in 2020. A lot know its presence but how to use it is another story. I have encountered a lot of people that they have heard about bitcoin or crypto but they don't know where to start understanding it. And most of them, they thought that once you knew bitcoin, you can earn a lot of money, which of course is not true. And some heard negative news about btc, where hackers and scammers are in play in this technology. So they are afraid to touch this. That bitcoin is used in the dark web, etc. Ignorance is the common reason why people don't know anything about btc. If they will educate themselves even by reading via net, they will start to understand its true nature. Title: Re: People still don't know about Bitcoin Post by: kemoglo on December 05, 2020, 12:30:35 AM There are many people who still don't know about bitcoin or other cryptocurrencies. I don't know about others I am talking about my country and about my society. Whenever I ask from people about or talk about the Bitcoin. They ask what is this? How much there is who face this problem? This happens everywhere, my personal group of friends, they all know about BTC because I have been in this for a few years now so they ask me whenever they have questions, but only ONE has actually invested in it (via some bank site in europe, Revolution? Revoluts? I don't remember), but hey, that's something. I advised him to get a dedicated wallet on his phone or on his PC but he's "too smart for that". People are not taking BTC seriously, look at all the recent institutional money that has poured into BTC; the $50m in BTC purchase I saw just t oday by square speaks VOLUMES of what's coming ahead. Title: Re: People still don't know about Bitcoin Post by: Fredomago on December 05, 2020, 01:46:06 AM The main reason why people do not know about Bitcoin is that they have not received the simple and clear information about this technology. Since Bitcoin is decentralized, governments have not been interested in aligning itself with Bitcoin. But it will be a matter of time for more people to know about Bitcoin from 2021. Let's see what technologies have been working on and what products and applications they will offer us after the noise that Bitcoin made in 2020. A lot know its presence but how to use it is another story. I have encountered a lot of people that they have heard about bitcoin or crypto but they don't know where to start understanding it. And most of them, they thought that once you knew bitcoin, you can earn a lot of money, which of course is not true. And some heard negative news about btc, where hackers and scammers are in play in this technology. So they are afraid to touch this. That bitcoin is used in the dark web, etc. Ignorance is the common reason why people don't know anything about btc. If they will educate themselves even by reading via net, they will start to understand its true nature. True. Because eventhough you thought you have a lot of knowledge and experience with Bitcoin, there are always uncertainties that will come along the way. Bitcoin is very tricky. You will think that you know everything that's need to be known about Bitcoin, but still there wil always be something that still behind more deeper that's needed to understand. Blockchain have a lots of usages where bitcoin was been built, that's another thing but the idea if you wanted to learn more is always from where it's started. Title: Re: People still don't know about Bitcoin Post by: Iranus on December 05, 2020, 02:35:48 AM I think those who are far from modern civilization, not very familiar with the global internet and communication are just ignorant about bitcoin and cryptocurrency. Because nowadays reports about bitcoin and blockchain are often published in every social media, news portal. Again, there are many freelancers who are not very interested in bitcoin, they actually move away from bitcoin due to their own ignorance, they are actually accustomed to paypal, skrill, neteller these payment methods and they are very monotonous they can't really accept the change.
Title: Re: People still don't know about Bitcoin Post by: Ayiranorea on December 05, 2020, 03:34:01 AM This is common with each and every country people. Bitcoin isn't promoted through any form of advertising. Even the common man could've known about it, if it was advertised. Whenever there is big rise in the market it gets mentioned on the media. So, it isn't possible for everyone to know or learn about bitcoin. The scenario will change if the governments in the country legalize to be used same as traditional fiat.
Title: Re: People still don't know about Bitcoin Post by: fauzan123 on December 05, 2020, 05:11:49 AM The main reason why people do not know about Bitcoin is that they have not received the simple and clear information about this technology. Since Bitcoin is decentralized, governments have not been interested in aligning itself with Bitcoin. But it will be a matter of time for more people to know about Bitcoin from 2021. Let's see what technologies have been working on and what products and applications they will offer us after the noise that Bitcoin made in 2020. It seems that with this pandemic many people have started to find out what bitcoin is, I also feel this in my own area, because many people are starting to be curious about bitcoin. Of course this is a positive value in itself for how bitcoin continues to develop, considering everything I think will also be completely digital, digital payments will be very necessary in the future. Title: Re: People still don't know about Bitcoin Post by: Youghoor on December 05, 2020, 08:47:00 AM Don't be alarmed by the negligence of folks or better still the lack of resources that is still hindering parts of the world from the global change in the economic world. I know several folks who still don't have a clue what cryptocurrencies are. Even folks don't know any thing about electronic payment system that exists at the moment. it's such a pity but I believe we can all do our best in exposing this technology to people whom we know because it's the future.
Title: Re: People still don't know about Bitcoin Post by: Preshie on December 05, 2020, 08:50:01 AM Am not surprised, because where I come from people there are very ignorant. If you try telling them the will just qualify it as a scam
Title: Re: People still don't know about Bitcoin Post by: Hypnosis00 on December 05, 2020, 09:10:47 AM Am not surprised, because where I come from people there are very ignorant. If you try telling them the will just qualify it as a scam No, probably they are not ignorant but just a clever person who is afraid of risk. Bitcoin and investing in it are just for risk-takers, they are not and they keep that understanding since then. But this kind of mindset has a lesser chance to improve for they are absolutely a close-minded personality.But anyway, that ignorance leads to scams. Their minds have set to its limitation. Title: Re: People still don't know about Bitcoin Post by: Rasel5209 on December 06, 2020, 03:55:12 AM There are many people who still don't know about bitcoin or other cryptocurrencies. I don't know about others I am talking about my country and about my society. Whenever I ask from people about or talk about the Bitcoin. They ask what is this? If any people work in online first he know about bitcoin but don't know about crypto Currency. Our country don't accept bitcoin so many people don't know about it. Many people ask me about my profession i tell that i am trader then ask what is trade. I open bitcoin and price chart.How much there is who face this problem? Title: Re: People still don't know about Bitcoin Post by: AicecreaME on December 06, 2020, 05:39:13 AM It's not a problem at all if they don't know about Bitcoin, their life, their choices. Maybe they've already heard it somewhere but they thought Bitcoin was just a joke. In the year 2016 when we've had a seminar about programming, one of the speakers talked about a little bit of Bitcoin, he said that we could have Bitcoin by mining it and I thought that it was just a joke and earnings there is so little.
But thanks to a friend of mine who introduced bitcoin to me in way I could understand it even more, and that's why I got here. Bitcoin will continue to grow and progress even without the majority knowing about it, so stop bothering about the people who don't give a thing about it. Title: Re: People still don't know about Bitcoin Post by: Searing on December 06, 2020, 05:52:59 AM I've been getting questions about Bitcoin more lately. I tell them to simply buy some on PayPal, say $50.00 USD just to watch such. I also tell them to 'attic mine' in that only big data halls can you mine with ASIC miners now of any BTC/Crypto. So by 'attic mine' I mean sell crap in your attic to make a rec room and improve your house value and stick it into BTC dust in case BTC does what it so often has in the past and suddenly go up 8x or 16x again. Or go to estate sales and/or rummage sales and sell all the above for less stress and more fun and likely, much, much, more profit than home mining for BTC just in case places like Citigroup and an advisor are correct and BTC goes to $100k in 2021. Been taken better by 'newbies' in the past. I think PayPal taking BTC and other cryptos took some of the usual FUD/Scam out of the concerns and conversations of newbies in 2020. We will see, but so far about 4 people got some PayPal at least to 'stick their toes' into the crypto waters. :) I also tell them to remember we have had the ATH and then the FOMO and now the FUD will start. (case in point Trump Administration saying they will have 'clarity' on crypto regulations in 4-6 weeks, deadline 5 days before Biden Administration takes office. So I tell them to buy and HODL and accumulate BTC dust for at least 5 if not 10 years. Again, seem to take advice better than in the past and again, likely because of PayPal's endorsement of crypto. Brad Title: Re: People still don't know about Bitcoin Post by: soetikno on December 06, 2020, 07:20:37 AM just like in my country, the government prohibits all transactions using bitcoin to buy goods or groceries, because here fiat is the main one, and in my country for millennials bitcoin or cryptocurrency is not in any subject or guide in high school.
Title: Re: People still don't know about Bitcoin Post by: TheGreatPython on December 06, 2020, 07:33:16 AM There are many people who still don't know about bitcoin or other cryptocurrencies. I don't know about others I am talking about my country and about my society. Whenever I ask from people about or talk about the Bitcoin. They ask what is this? There is nothing to be surprised about in a situation like that, it all depends on where you’re living, it is possible that there are people that wouldn’t know what it is, you’re just lucky that you got to know it before them. If they ask you what it is you just explain to them in any easy way as possible that they will be able to understand it. Trust me with time it’s no longer going to be something strange or new to them, there will be time they will be the ones even talking about it.How much there is who face this problem? I remember when I got to know bout Bitcoin in 2015, people where I live didn’t know a single thing about it, but this time around Bitcoin is a hot topic where I live. Title: Re: People still don't know about Bitcoin Post by: Astvile on December 06, 2020, 07:35:56 AM Bitcoin despite being popular and making news many still don't know bitcoin or at least what really is bitcoin. Most of them already heard things about bitcoin but they are not open to stuff like bitcoin, they always thinks that bitcoin is a scam or just a internet troll or a useless entity in the internet. Most people like what others are saying are ignorant about bitcoin and that is not a new problem for bitcoin. Thankfully here in my country more and more people are already accepting and understanding what really bitcoin is, I know many people before who thinks bitcoin is a scam and now they are using and believes in the potential of bitcoin.
Title: Re: People still don't know about Bitcoin Post by: carlisle1 on December 06, 2020, 07:51:50 AM Don't Rush them Mate,instead Help them Know and find Bitcoin in your own special way,Because ordinary people Knows nothing about this or if they had sometimes it is Negative site.
It is our Part to let them know that this is circulating and with a Good promise of convenience Payment method. They might not know this today but with your help they become investor tomorrow. Title: Re: People still don't know about Bitcoin Post by: Shasha80 on December 06, 2020, 08:28:20 AM There is no need to be surprised to know the fact that there are still many people who don't know Bitcoin.
Because the Bitcoin community is still very small, and there is also little news about Bitcoin in the local news. Therefore, it takes a lot of promotion and education about Bitcoin, I really agree if Bitcoin is used as a subject at the universities. So knowledge about Bitcoin can be obtained as early as possible, that way the spread of information about Bitcoin is getting faster. Title: Re: People still don't know about Bitcoin Post by: Banulit on December 06, 2020, 08:55:49 AM In our country as well is having the same thought as your country as well, there only few people who has a knowledge about bitcoin because I think for them cryptocurrencies are not part of mainstream transaction and also our country is somehow left behind with regards to innovations and online technology that is why people here dont know the importance and benefits of bitcoin and other cryptos.
Title: Re: People still don't know about Bitcoin Post by: bayu7adi on December 06, 2020, 11:58:13 AM Therefore, it takes a lot of promotion and education about Bitcoin, I really agree if Bitcoin is used as a subject at the universities. So knowledge about Bitcoin can be obtained as early as possible, that way the spread of information about Bitcoin is getting faster. By including Bitcoin and its technology in learning materials at school or at university, I think there will be parties who feel disturbed by the existence of this material about Bitcoin. These parties will feel threatened that their future will not get a very tough opponent until finally evolution occurs like Nokia which was replaced by Android, or Yahoo which was removed by Google. The party who is disturbed is the party who always takes advantage by acting as a third party or a company that wants to centralize everything. Title: Re: People still don't know about Bitcoin Post by: chikading2016 on December 07, 2020, 01:12:27 AM I also see that there are so many people that didnt know about bitcoin specially in my country, the people who are old enough didnt know aboit bitcoin because bitcoin is publish or created on year 2009,
Title: Re: People still don't know about Bitcoin Post by: matchi2011 on December 07, 2020, 01:19:42 AM I think those who are far from modern civilization, not very familiar with the global internet and communication are just ignorant about bitcoin and cryptocurrency. Because nowadays reports about bitcoin and blockchain are often published in every social media, news portal. Again, there are many freelancers who are not very interested in bitcoin, they actually move away from bitcoin due to their own ignorance, they are actually accustomed to paypal, skrill, neteller these payment methods and they are very monotonous they can't really accept the change. Most of them seem like they don't care about bitcoin, so they just sit there and do nothing. Maybe most influencers are reluctant to discuss bitcoin because they don't know about technology or blockchain. Supposedly, by publishing educational news on bitcoin, of course it will help people to learn and understand. But I also rarely see media that discuss in detail about bitcoin. That media exposures will let many people to understand and learn more about bitcoin, it can't cover everyone but it will helps a lot in terms of awareness and popularity. Most of those undeveloped countries are not been aware about this crypto industry, without any knowledge about internet the chance of learning this market is really slim for them. Title: Re: People still don't know about Bitcoin Post by: LogitechMouse on December 07, 2020, 06:31:59 AM There are many people who still don't know about bitcoin or other cryptocurrencies. I don't know about others I am talking about my country and about my society. Whenever I ask from people about or talk about the Bitcoin. They ask what is this? You surprised that many people still doesn't know cryptocurrencies??How much there is who face this problem? I'm not surprised because even in my place, they don't even know the word Bitcoin because they aren't have any knowledge or experience in investing in general. There are many people around the world who doesn't know anything about it unfortunately. There are some though who heard it but just ignored it. There are some who aren't interested at all. Either of the 3, this scenario isn't uncommon because Bitcoin is around for just 12 years and counting. Few years from now for sure more and more people will know crypto and will try to use it. Title: Re: People still don't know about Bitcoin Post by: taufik0911 on December 07, 2020, 03:50:07 PM Am not surprised, because where I come from people there are very ignorant. If you try telling them the will just qualify it as a scam No, probably they are not ignorant but just a clever person who is afraid of risk. Bitcoin and investing in it are just for risk-takers, they are not and they keep that understanding since then. But this kind of mindset has a lesser chance to improve for they are absolutely a close-minded personality.But anyway, that ignorance leads to scams. Their minds have set to its limitation. coupled with their lack of knowledge makes them trapped by con artists who promised profit from bitcoin but they only collect investor money then leave without a trace Title: Re: People still don't know about Bitcoin Post by: josepaez on December 07, 2020, 04:03:54 PM Even though BTC and custom cryptocurrencies (https://www.mintme.com) have been existing for a long time, there are still people who don't know because that's what they have chosen. Many don't even know that BTC itself isn't "money" but an asset with monetary value. Time will say if people will open their minds and start knowing more about this great technology and "money" which is already a great part in our lives.
Title: Re: People still don't know about Bitcoin Post by: Ladyvirgo on December 08, 2020, 01:43:19 PM Bitcoin is a modern technology that is new and not yet known to the majority.And it needs to focus time to time to fully get to known the field of technology of the majority and reach people and soon even the farthest place will begin to acceot bitcoin.And they will known the importance of bitcoin.
Title: Re: People still don't know about Bitcoin Post by: jademaxsuy on December 08, 2020, 01:57:00 PM Because they are not open minded and that bitcoin is still.new not like gold which has been there for ages. Anyway, since we are in the new or modern days with new technology it might be interesting for the new generation to own an asset like bitcoin with a unique value. It is a matter of time where people can learn about bitcoin because it is an optional or needed like for example when bitcoin will become part or option for payment which one could need to learn about bitcoin and bitcoin transaction.
Title: Re: People still don't know about Bitcoin Post by: Sirait on December 08, 2020, 04:55:28 PM In this digital world, we need digital things. In our society there is a number of people are unknown to bitcoin. They have to learn more about internet, blockchain and bitcoin. We should teach them about bitcoin. ^ we are just wasting our time teaching the public about Bitcoin, it's better if they are alone to find out about Bitcoin when they want to. we are faced with public who do not want to know about technology and think pessimistic about new things.Title: Re: People still don't know about Bitcoin Post by: sort_cirkit on December 08, 2020, 05:26:07 PM There are many underdeveloped countries where bitcoin is banned. As a result, people there don't know what bitcoin is. There are some developed countries where they are busy with Facebook and Twitter. They may not have heard of Bitcoin. There are also problems in developed countries. Those who know do not persuade others to reveal it.
Quote They ask what is this? The question is constantly revolving everywhere, always, in all environments.Title: Re: People still don't know about Bitcoin Post by: bitbunnny on December 08, 2020, 05:40:56 PM In our country as well is having the same thought as your country as well, there only few people who has a knowledge about bitcoin because I think for them cryptocurrencies are not part of mainstream transaction and also our country is somehow left behind with regards to innovations and online technology that is why people here dont know the importance and benefits of bitcoin and other cryptos. I think that is the case in most countries. Majority of people are still not familiar with Bitcoin or crypto in general, there is not enough knowledge and awareness. I"ve read somewhere that only about 2 million people in the world is using cryptocurrencies and that is really small number havimg in mind overall population. So, maybe we here in forum have the feeling that Bitcoin is something normal, familiar to everyone but that is not the case and for a long period of time it will not be. Title: Re: People still don't know about Bitcoin Post by: Noctis Connor on December 08, 2020, 06:02:21 PM Don't Rush them Mate,instead Help them Know and find Bitcoin in your own special way,Because ordinary people Knows nothing about this or if they had sometimes it is Negative site. Its true don't rush people to use bitcoin instantly without any knowledge because when they lose some money from bitcoin they will think that bitcoin is scam , nowadays many ponzi scheme are open from internet where promising people to double their money by investment big money nor small money, People should take a part of learning from the basic and learn from step by step not just they already heard from it they can easily use it. It is our Part to let them know that this is circulating and with a Good promise of convenience Payment method. They might not know this today but with your help they become investor tomorrow. Yes they are the future of new investors however are they willing to take the risk? We are now in the future of bitcoin digital currency where people can easily transact money all over the world easily. Title: Re: People still don't know about Bitcoin Post by: ShowOff on December 08, 2020, 06:15:07 PM Among the 10 people I ask about bitcoin in my real community especially in my work environment, no one knows what bitcoin is. I took the initiative to tell them what bitcoin actually is, but since they are still quite confused about what bitcoin is, I can only tell them about bitcoin in general.
Frankly, there are some of them who are interested in knowing the use of bitcoin because it can be traded, but because they still don't know much about trading, I stopped a little and asked them to understand bitcoin first before they started their activities as a trader. The conclusion is, there are still too many people in society in various countries who don't know about bitcoin and other cryptocurrencies. This will be the reason why bitcoin cant be adopted globally as a mean of payment so that it will inhibit bitcoin adoption rate. Even so, I believe people will find out about bitcoin sooner or later. Title: Re: People still don't know about Bitcoin Post by: TedMosby on December 08, 2020, 07:07:32 PM If top tier countries still facing this problem, you can imagine how most of the people in a third wolrd country like indonesia have no idea what is bitcoin. Internet means facebook, instagram, tiktok, and youtube here.
They think bitcoin is like a cheap trash, that we can collect by spamming other people with invite code ;D IMO, the best way to introduce bitcoin is to make it featured/attached on a popular thing first. I wonder if bitcoin can be introduced by featuring it on a popular series like Startup. It is popular among teenagers and adult in here. it’s also relateable. ;D Title: Re: People still don't know about Bitcoin Post by: catur123 on December 08, 2020, 07:29:23 PM Perhaps it is not surprising that there are still many people who are not familiar with Bitcoin.
Because little news about Bitcoin on social media and local news. Therefore it takes a lot of promotion on social media and local news. Title: Re: People still don't know about Bitcoin Post by: Zanab247 on December 08, 2020, 07:40:32 PM Here are some of the things that make people not to know bitcoin:
1) Lack of research: many people are very lazy to make use of internet to really know what bitcoin is all about,and how people can use it to develop their country. 2) illegalize: many citizens don't know bitcoin Because the digital currency does not legalized in their country, that make them not to have any idea on bitcoin. 3)Scam: many people still think bitcoin is a scam currency that can reduce someone wealth to zero level in their Investment. Title: Re: People still don't know about Bitcoin Post by: oktana on December 08, 2020, 10:31:09 PM I don't know what country you're from but, I think it's somewhat difficult to see someone who knows bitcoin when you're offline. But when online, you will find people from your country who has interest in it and also knows it. I don't see people when I go out my house. But only, there are a lot of people.
Title: Re: People still don't know about Bitcoin Post by: Searing on December 09, 2020, 04:13:57 AM I don't know what country you're from but, I think it's somewhat difficult to see someone who knows bitcoin when you're offline. But when online, you will find people from your country who has interest in it and also knows it. I don't see people when I go out my house. But only, there are a lot of people. This is not quite true, everyone I know is talking about it and know that I've been into Bitcoin/Crypto from way back when in 2013. BUT..they all say that for the most part, I quote: "We missed the boat". :( I TRY to tell them that even a 'little' dust now has a pretty good chance of being much, much greater in 5 to 10 years from now. What if they invested say $100 say...that could be 10x or 100x, IF, Bitcoin as the Bitcoin Twins state...it 'replaces gold' (I frigging hope so!) :) https://cointelegraph.com/news/bitcoin-s-market-cap-will-flip-gold-winklevoss-twins (https://cointelegraph.com/news/bitcoin-s-market-cap-will-flip-gold-winklevoss-twins) So for little risk and high reward, 'why not'...assuming you go full HODL mode for the hell of it? Sell stuff you don't need on eBay, buy 'dust BTC' rinse/wash/repeat and HODL! :) I know people for 'years' have talked about this guy below on CNBC. https://cointelegraph.com/news/mike-novogratz-has-50-of-net-worth-in-crypto-advocates-up-to-5-for-investors (https://cointelegraph.com/news/mike-novogratz-has-50-of-net-worth-in-crypto-advocates-up-to-5-for-investors) as he states...if you can 'afford' it ... it makes sense...and BTC will never go to zero again. But if some of the things being said of $200,000 Bitcoin in say 5 years a $1,000 investment would be $20,000 then. So why not clean the 'attic' out, sell some clutter on eBay with the pandemic and boredom and all..just in case? But alas, I'm 'zero out of around 10 folks on this' (if you count the ONE almost like an adopted niece.that put $50 in PayPal into BTC) sigh :( Somehow, now, years past since 2013-2016 say, when I tried to get people into this, they claim I never pushed them enough :( I 'try' to point out I can really only 'nudge' friends and family in this kinda thing, but I think they feel I should have sat on them to make them buy back in the day. So taking that in stride I now try to get them into BTC/Crypto via (i mean frigging easy) PayPal or Coinbase and it feels pushy....so again they comment on my good fortune..but can't for the life of them see that Bitcoin being Bitcoin STILL may pull its same stunts and go up 8x,16x, or whatever in the next 5-10 years. I'm not sure even 'filming' them with my cell phone would convince their future selves that I tried hard enough. So it goes, but I thought I'd as least get 'some' more traction the 2nd time around, but seems not to be so. :( Brad Title: Re: People still don't know about Bitcoin Post by: LittleBitFunny on December 09, 2020, 04:33:24 AM Most of the people in the world stay away from the touch of current technology. A handful of people are accustomed to using technology properly. So even though most people know about Bitcoin, they don't know about its proper use. But now as the adoption of Bitcoin is increasing in different countries, people will soon learn more about Bitcoin and its use will also increase.
Title: Re: People still don't know about Bitcoin Post by: samputin on December 09, 2020, 07:49:31 AM Most of the people in the world stay away from the touch of current technology. A handful of people are accustomed to using technology properly. So even though most people know about Bitcoin, they don't know about its proper use. But now as the adoption of Bitcoin is increasing in different countries, people will soon learn more about Bitcoin and its use will also increase. I see your point here. Some people just like to remain in their comfort zones and when talking about the financial aspect, their comfort zone is the conventional paper currency. They do not want to explore more and try other things like bitcoin. Maybe they know about it but they feel like it's too complicated for them that's why they just settle on what's convenient for them. Well, we cannot please everyone you know. We cannot push someone to use bitcoin just because we are using it. They still have their free will. What we can do now is to be living proofs that bitcoin shows a lot of potential and we already benefitted from it.Title: Re: People still don't know about Bitcoin Post by: adzino on December 09, 2020, 08:17:34 AM There are many people who still don't know about bitcoin or other cryptocurrencies. I don't know about others I am talking about my country and about my society. Whenever I ask from people about or talk about the Bitcoin. They ask what is this? Not surprised at all. Blockchain is a new technology and still in its infant stage. Most people aren't interested in "new technologies" until it goes main stream. Some of them might heard of it, but didn't pay much attention to it. Others think its a scam and eventually forget about it. At least over here, most of the people know what bitcoin is since there are bitcoin ATMs in most of the downtown areas, and people are curious as to what it is and eventually learns about it.How much there is who face this problem? Title: Re: People still don't know about Bitcoin Post by: Kasabus on December 09, 2020, 08:20:46 AM Most of the people in the world stay away from the touch of current technology. A handful of people are accustomed to using technology properly. So even though most people know about Bitcoin, they don't know about its proper use. But now as the adoption of Bitcoin is increasing in different countries, people will soon learn more about Bitcoin and its use will also increase. Yes. Since internet is worlwide, i assumed that most of the people have heard about bitcoin already but never been aware about it's true usage and its advantages. And the fact that bitcoin is not adopted mostly in any government, then people are not force to know it and definitely its value. But with big companies that are into bitcoin right now, we will not be surprised if one day bitcoin will be a global currency as what its suppose to be use and not just as a pure investment only.Title: Re: People still don't know about Bitcoin Post by: royalfestus on December 09, 2020, 09:48:46 AM I usually want to ask which country the OP with such challenge comes from.
With reference to Willy woo. The growth rate of bitcoin was not affected by the covid 19 pandemic and prediction expect a larger adoption next year. The space is still growing with the help of internet and with time everyone will be reached. Quote unique KYC-verified exchange accounts in Sep 2020 (1.3% of the world), the growth rate of 2.2x per year puts us beyond 2.9% next year Title: Re: People still don't know about Bitcoin Post by: Lordhermes on December 09, 2020, 04:18:06 PM 1: Government : First of all government dosen't tell about this technology to their people. That is why lots of people dosen't know about this. The government try as much as possible to keep crypto world hidden from the masses cause this is where they hide their loots without any trace. Title: Re: People still don't know about Bitcoin Post by: matchi2011 on December 09, 2020, 04:31:05 PM Most of the people in the world stay away from the touch of current technology. A handful of people are accustomed to using technology properly. So even though most people know about Bitcoin, they don't know about its proper use. But now as the adoption of Bitcoin is increasing in different countries, people will soon learn more about Bitcoin and its use will also increase. I see your point here. Some people just like to remain in their comfort zones and when talking about the financial aspect, their comfort zone is the conventional paper currency. They do not want to explore more and try other things like bitcoin. Maybe they know about it but they feel like it's too complicated for them that's why they just settle on what's convenient for them. Well, we cannot please everyone you know. We cannot push someone to use bitcoin just because we are using it. They still have their free will. What we can do now is to be living proofs that bitcoin shows a lot of potential and we already benefitted from it.Most of them just simply ignore things that they don't understand, they are afraid of something that they don't even started to learn. Like what you've said they will remain from their comfort zone. So even they've heard about it, knowing it for real or in a much deeper meaning will not interest them. They will continue using what they know is already enough for them. Title: Re: People still don't know about Bitcoin Post by: angrynerd88 on December 09, 2020, 05:36:22 PM Indeed in our nation as it were few individuals knows bitcoin since its barely being publicize on standard media and the mindfulness of individuals almost is restricted that's why bitcoin still not recognized by lion's share of individuals. As it were i saw bitcoin being appear on our national tv that being utilized on trick speculations, so that's why the cynicism carries it as it were to people's mentality that bitcoin is trick and that's what make it difficult to for bitcoin to induce a positive criticism. In any case, the data and instruction will as it were be the device to spread positive mindfulness approximately bitcoin to the open.
Title: Re: People still don't know about Bitcoin Post by: Natsuu on December 27, 2020, 06:02:01 AM There are many people who still don't know about bitcoin or other cryptocurrencies. I don't know about others I am talking about my country and about my society. Whenever I ask from people about or talk about the Bitcoin. They ask what is this? How much there is who face this problem? This is where we should educate others, explaining the basics of what and how this works. The best thing is to convert the value of btc to your currency and see the look in their eyes shine. After getting their interest, recommend this forum or books that they can use to look for valuable information about cryptocurrency. Then the word of mouth will start again, spreading around the neighborhood or city, though it will take time. This is like marketing to be honest, bitcoin starts with only few, then spreads to nations on how good and how many opportunities it can give. Title: Re: People still don't know about Bitcoin Post by: ninabobo on December 27, 2020, 06:32:23 AM The biggest part of the individuals on the planet avoid the dash of current innovation. A small bunch of individuals is familiar with utilizing innovation appropriately. So despite the fact that the vast majority think about Bitcoin, they don't think about its appropriate use. However, presently as the reception of Bitcoin is expanding in various nations, individuals will before long become familiar with Bitcoin and its utilization will likewise increment.
Title: Re: People still don't know about Bitcoin Post by: Rishabh riyz on December 27, 2020, 12:51:37 PM There are many people who still don't know about bitcoin or other cryptocurrencies. I don't know about others I am talking about my country and about my society. Whenever I ask from people about or talk about the Bitcoin. They ask what is this? How much there is who face this problem? well it isn't surprising , for people to know about bitcoins they must know what cryptocurrencies are , although across the globe governments are encouraging online transactions people still don't know what actually are cryptocurrencies like BTC itself . those who know treat it as an asset not as a currency. and obviously education plays important role for BTC not being main stream (in my country atleast ). you see in developed country people can easily access and use BTC , but in developing and under developed countries where literacy rate is not good how can we expect them to use and understand a blockchain based crypto. Title: Re: People still don't know about Bitcoin Post by: samputin on December 27, 2020, 01:48:11 PM Most of them just simply ignore things that they don't understand, they are afraid of something that they don't even started to learn. Like what you've said they will remain from their comfort zone. So even they've heard about it, knowing it for real or in a much deeper meaning will not interest them. They will continue using what they know is already enough for them. The problem will rely on the internet connection. We cannot blame those who do not have access to that yet. But for those who already have that privilege, then maybe we can say that they don't really want to know it. It might be too complicated for them and don't want to be involved in such complexity. Title: Re: People still don't know about Bitcoin Post by: Fredomago on December 27, 2020, 02:29:00 PM Most of them just simply ignore things that they don't understand, they are afraid of something that they don't even started to learn. Like what you've said they will remain from their comfort zone. So even they've heard about it, knowing it for real or in a much deeper meaning will not interest them. They will continue using what they know is already enough for them. Though we have lot of support inside the forum but impression of People outside are still not that Good. Quote The problem will rely on the internet connection. We cannot blame those who do not have access to that yet. But for those who already have that privilege, then maybe we can say that they don't really want to know it. It might be too complicated for them and don't want to be involved in such complexity. it is not the internet that hinders them ,But their own acceptance ,almost every part of the world ha internet access and it's even offered for free ,But People still want to live in their normal nature and not willing to progress.Title: Re: People still don't know about Bitcoin Post by: DeadCoin on December 28, 2020, 02:32:05 AM I think if we live in the mountains high of nowhere we didn't know about modern methods especially Bitcoin suchlike an uneducated person, maybe this is a part of the economic problem because people were still blind and no time to familiarize themselves with this step of high technology. I'm just thinking about this so that it is something hard to explain and additionally, a world of BITCOIN is a kind of a good source but the main problem on Bitcoin is that the age in the field that's why many countries are still don't know about.
Title: Re: People still don't know about Bitcoin Post by: Question123 on December 28, 2020, 12:38:31 PM After the recent events with the rise in price of bitcoin, in my opinion, everyone already knows about its existence. True, most people do not show any interest in him. After that they will accept bitcoin to their life and possible that many people will adapt bitcoin. In the past few years yes they have many people who did not know bitcoin because it's not trending but now in my place they have mamu people knows about bitcoin but other people are taking risk and I hope they will get a good result in investing and trusting to the bitcoin. I believe in the next few years more people will know about bitcoin.Title: Re: People still don't know about Bitcoin Post by: dupee419 on December 28, 2020, 01:04:55 PM Some whom you have met probably is not knowledgeable enough about technology or probably is living a life without any kind of technology, go ahead and ask your friends and they'll.know a thing already about Bitcoin, in today's age, more and more people will be informed with Bitcoin, especially the young kids in this generation, hence making Bitcoin known throughout the world.
Title: Re: People still don't know about Bitcoin Post by: Nikole Fischer on January 09, 2021, 03:09:31 PM There are many people who still don't know about bitcoin or other cryptocurrencies. I don't know about others I am talking about my country and about my society. Whenever I ask from people about or talk about the Bitcoin. They ask what is this? Well, I think there are a lot of people who still don't know about Bitcoin. But what can we say about Bitcoin, if many still don't have the Internet.How much there is who face this problem? The problem is that people still don't trust the exchanges and trading. They're afraid of being deceived, collapsing, and hacker attacks. And of course, the problem is a mentality. Old school people don't want to try something new. Title: Re: People still don't know about Bitcoin Post by: rokon1234 on January 09, 2021, 03:51:35 PM I'm also face this types of questions,when i asked about bitcoin my neighbor.when they listen about bitcoin,then they are look at me surprisely.But,they are really interested about to khow bitcoin.
Title: Re: People still don't know about Bitcoin Post by: Natsuu on January 09, 2021, 04:38:57 PM It's true, the majority of my family members don't know about bitcoin. This is nothing about politics, but education. The education system doesn't have any means of sources where they will tackle cryptocurrency. The fact that this is not part of the syllabus of the current curriculum, what do we expect from the generations in the past.When I reveal to them that my procuring asset is bitcoin, I recollect that they begin taking a gander at my face. I assume they didn't know, and afterwards, I persuade them to use the bitcoins. I think the government is the reason behind it. They never let their people utilize bitcoins innovation. Just think that we are lucky enough to know something that you may never know in standard manners. If you can, educate someone for them to know what it is, and stop blaming others cause they are just as clueless as we before. Title: Re: People still don't know about Bitcoin Post by: panganib999 on January 09, 2021, 05:11:35 PM It's true, the majority of my family members don't know about bitcoin. When I reveal to them that my procuring asset is bitcoin, I recollect that they begin taking a gander at my face. I assume they didn't know, and afterwards, I persuade them to use the bitcoins. I think the government is the reason behind it. They never let their people utilize bitcoins innovation. I think government has nothing to do with the idea that your family doesn't know bitcoin or any part of it. Knowing or studying bitcoin is depends on yourself or the person. If you want to learn and to know all about it, you will seek knowledge about it and you will learn to make profit on your own. If your family doesn't know about it and you want them to know and also make effort to earn, the thing you do that you introduce it to them so that they are also earnibg by themselves is the best idea. For me, personally I also teach my siblings all about it because I also want them to experience the things and earnings I am experiencing. Title: Re: People still don't know about Bitcoin Post by: Rehan Zakir on January 09, 2021, 06:24:18 PM Cryptocurrency is still fairly new concept among the majority of the people. I remember when I was talking about cryptocurrency with some of my friends (explaining how cheap and easy to transfer money), most of them had never heard about the word. Even though, some of them knew about bitcoin, their knowledge was very little in this space. The reason behind that is our mostly peoples believes on paper money. They cannot know about the digital currency or they don't know how they transfers from one place to another within minutes.They believe on that currency that has a physical appearance in the world. We can only see the digital currency but cannot touch and feel. So, this is a huge difference between both the currencies. But the next generation is the digital currency. Mostly peoples transfers on digital currencies. Title: Re: People still don't know about Bitcoin Post by: Momoamzad on January 09, 2021, 08:41:22 PM I also facing same situation . People are also unknown about bitcoin in our country,. They even can't believe someone can earn through it intertnet.only few youth knows about bitcoin.in my country bitcoin is illegal so how can it be so how can people will know about btc
Title: Re: People still don't know about Bitcoin Post by: MCobian on January 09, 2021, 11:31:35 PM Actually, people who don't know Bitcoin usually rarely access the internet, because Bitcoin does not promote on television which many people see.
And it could also be that people don't know Bitcoin lives where there is no internet access. But with Bitcoin going up to $ 40,000 should most of the world's population know it. Title: Re: People still don't know about Bitcoin Post by: FlightyPouch on January 09, 2021, 11:43:22 PM I also facing same situation . People are also unknown about bitcoin in our country,. They even can't believe someone can earn through it intertnet.only few youth knows about bitcoin.in my country bitcoin is illegal so how can it be so how can people will know about btc It is great that you are able to earn through the internet and through bitcoin but you should also be careful aa you've said that bitcoin illegal in your country. I think you shouldn't create this fuss that would bring you to your own jail cell as people might point you out to the authorities that you are using bitcoin. The fact that it is illegal in your country is enough to say that people don't know what bitcoin is there. Title: Re: People still don't know about Bitcoin Post by: dunfida on January 09, 2021, 11:59:17 PM I also facing same situation . People are also unknown about bitcoin in our country,. They even can't believe someone can earn through it intertnet.only few youth knows about bitcoin.in my country bitcoin is illegal so how can it be so how can people will know about btc It is great that you are able to earn through the internet and through bitcoin but you should also be careful aa you've said that bitcoin illegal in your country. I think you shouldn't create this fuss that would bring you to your own jail cell as people might point you out to the authorities that you are using bitcoin. The fact that it is illegal in your country is enough to say that people don't know what bitcoin is there. Most of people do just become interested when they do saw a hyping market and when they lost money thats the only time that they do make out some research and learning more. All of informations you do need can really be attained online with just few effort.It is just depending on someone on how serious he would be on gaining up those information. Adoption is still on the move and lots will surely be knowing about its existence as years pass by. Title: Re: People still don't know about Bitcoin Post by: rhodelmabanal on January 10, 2021, 04:02:51 AM There are many people who still don't know about bitcoin or other cryptocurrencies. I don't know about others I am talking about my country and about my society. Whenever I ask from people about or talk about the Bitcoin. They ask what is this? This is true there are a lot of people who didnt even know about bitcoin and other token. I notice it in my country, most of them are the people who are living on the place that has a very low internet signals and also the people that is old enough that born in a year that is no gadgets and computers. Crypto is now become bigger because of the new technology and the information about crypto is now easy to tackle in different sites with the used of gadgets and internet, so i believe that in the near future people will know more about crypto and the advantage of using it.How much there is who face this problem? Title: Re: People still don't know about Bitcoin Post by: tyz on January 10, 2021, 10:30:20 AM How much there is who face this problem? To be honest: Never in the last two or three years. When I started to deal with Bitcoin over eight years ago, many did not know about Bitcoin. So I tried to explain, but less were interested. That changed in 2017 at the latest when Bitcoin was on everyone's lips due to the first big pump. Since then, I haven't really met anyone who hasn't heard of Bitcoin. But that may differ from country to country. It would be interesting to know which country you come from? Title: Re: People still don't know about Bitcoin Post by: shawonngp on January 10, 2021, 07:52:49 PM There is nothing surprising here. It’s true that a lot of people are addicted to bitcoin now but there are still some people who don’t know things about crypto. There are still many people who do not know much about the Internet. As a result, they have no qualms about Bitcoin. Presumably, there are more people who do not know things about crypto than those who do.
Title: Re: People still don't know about Bitcoin Post by: AakZaki on January 10, 2021, 08:27:25 PM I also facing same situation . People are also unknown about bitcoin in our country,. They even can't believe someone can earn through it intertnet.only few youth knows about bitcoin.in my country bitcoin is illegal so how can it be so how can people will know about btc yes only a handful of people who know about bitcoin, know about investing and trading. However, their bitcoin knowledge is only Bitcoin as a digital currency that is able to break the $ 40,000 price this year. They only know that. For our more specific knowledge, this forum is still a step further.Many countries have not legalized bitcoin, that is because the Bitcoin digital currency still has a high risk with great votality. Title: Re: People still don't know about Bitcoin Post by: Luthfiyaaa on January 11, 2021, 01:14:56 PM the same as in my country. there are still a lot of people who don't know about bitcoin or digital currency or the like. That's because not all people in my country know or understand the digital world. all they know is the internet, limited to social media, not currency for investment or the like. maybe this problem is almost the same in every country, because bitcoin is intangible, maybe people who don't know about bitcoin also think bitcoin is a fraud.
Title: Re: People still don't know about Bitcoin Post by: marcbitcoins on January 11, 2021, 01:31:15 PM There are many people who still don't know about bitcoin or other cryptocurrencies. I don't know about others I am talking about my country and about my society. Whenever I ask from people about or talk about the Bitcoin. They ask what is this? How much there is who face this problem? Same situation here in my country and this is why I firmly believe that Bitcoin will never replace fiat currency. The popularity of Bitcoin and the crypto currency trading awareness are already reach high our country but still only 49% of them joined the investment due to perceived risks mentality from these digital assets which make them to not to join the investment. Title: Re: People still don't know about Bitcoin Post by: TribalBob on January 11, 2021, 02:32:26 PM The situation is the same in my country, maybe in big cities many people understand what bitcoin and other crypto are, but if the area where I live is very minimal people know what bitcoin is, but that's not surprising because every human being thinks differently about making money and advantage
Title: Re: People still don't know about Bitcoin Post by: newwest on January 11, 2021, 02:45:29 PM Sure. Many people on earth don't have a PC, so what ? There would be many who still do not know about it even if they happen to be literate. But, after 2017 there has being a huge spike who has suddenly started to show interest in bitcoin could be because they now know about it and in 2021 it could just get bigger because after 2017 now they have more chance to believe that it can even cross 2017 and also cross 40k so this means the upside is huge in it. Title: Re: People still don't know about Bitcoin Post by: karisiak123 on January 11, 2021, 03:15:14 PM I've also got questions about whether it's bitcoin. A few years earlier I had made about $800 from the bounty. I didn't have a real job at the time. My brother asked me where to get the money from. He knows I don't have a job. And I explained about the bitcoin forum. I told you that from bitcoin can make money like the bounty in bitcoin.
Title: Re: People still don't know about Bitcoin Post by: Innerpumper on January 11, 2021, 03:23:56 PM There are many people who still don't know about bitcoin or other cryptocurrencies. I don't know about others I am talking about my country and about my society. Whenever I ask from people about or talk about the Bitcoin. They ask what is this? How much there is who face this problem? as people in my country who do not understand about technology just say "it is a bubble" in fact they just guess without doing any research first until the moment bitcoin touches $40k some of them are currently starting to study bitcoin to earn passif income. Title: Re: People still don't know about Bitcoin Post by: abderrazak belkhir on January 12, 2021, 12:24:01 AM The same situation in my country...im not exagerate if a said that 90 of the peoples over 40 years old dont know anything about bitcoin and blokchain and this not mean that the bitcoin is familiar among the young people but there is many people from the new generation know about it
Title: Re: People still don't know about Bitcoin Post by: nald022177 on January 12, 2021, 10:44:45 AM There are many people who still don't know about bitcoin or other cryptocurrencies. I don't know about others I am talking about my country and about my society. Whenever I ask from people about or talk about the Bitcoin. They ask what is this? How much there is who face this problem? As a local citizens how thus bitcoin stand in our societies Title: Re: People still don't know about Bitcoin Post by: iTradeChips on January 12, 2021, 11:08:05 AM Why do you think people not knowing about bitcoin is a problem? I am not really sure about your motive in letting people know I mean you seriously want everybody in the village to know about bitcoin and cryptocurrency? Why? Is it because you believe in something that crypto can possibly offer to these people? In my opinion, let the natural progression of things happen and just leave it be. If people don't want to participate even if they heard of it, then let them be. Don't become a preacher of Bitcoin, if you do then possibly someone will be more richer than you.
Title: Re: People still don't know about Bitcoin Post by: Coinsfera on January 12, 2021, 12:20:51 PM How much there is who face this problem? Yeah, it is experienced by every crypto enthusiast. For many people, it is a "price ball" that financial people play with. If we put aside the technical part, Bitcoin is freedom of money and freedom from governments. Decentralized payments system that owned by regular people. There will not be an end to these question until cryptocurrencies become obligatory in schools :)Title: Re: People still don't know about Bitcoin Post by: pecson134 on January 13, 2021, 02:18:36 AM There are many people who still don't know about bitcoin or other cryptocurrencies. I don't know about others I am talking about my country and about my society. Whenever I ask from people about or talk about the Bitcoin. They ask what is this? How much there is who face this problem? Mostly of those people were the ones who are not using the internet but it can be for those who were not interested too. In my place not all of them knows bitcoins and how it is being used because they had low to no chance of having it known due to poverty or such social tier were a big obstacle on having knowledge on bitcoins making them uninterested in the process. Title: Re: People still don't know about Bitcoin Post by: Adamini on January 13, 2021, 02:37:48 AM When talking about the price of bitcoin with friends, friends will ask whether the principle is the same as that of stocks? He doesn't know that he is a digital currency with decentralized blockchain technology. Most people still pay attention to his price and don't study his emergence and history
Title: Re: People still don't know about Bitcoin Post by: Pamadar on January 13, 2021, 10:10:53 AM people only know the name bitcoin and do not know the use of bitcoin and how to get bitcoin in my country bitcoin is not foreign to hearing and many people say bitcoin but they are not interested in investing in bitcoin. They are not interested as they don't know what the potentials may be. If they only spare their time finding deeper knowledge about this system and the investment opportunities that it brings, this mentality from them will change, and for sure, they'll also spare their money hoping that they've been able to manage good manifestations to enjoy all the benefits. Title: Re: People still don't know about Bitcoin Post by: shide2020 on January 13, 2021, 10:40:26 AM Of-course many people don't know about bitcoin because those that know about bitcoin very well don't educate others. Some sees it as private business.
Title: Re: People still don't know about Bitcoin Post by: minersday on January 13, 2021, 10:57:40 AM There are many people who still don't know about bitcoin or other cryptocurrencies. I don't know about others I am talking about my country and about my society. Whenever I ask from people about or talk about the Bitcoin. They ask what is this? How much there is who face this problem? Don't be surprised if you realize a lot of people have zero knowledge of what Bitcoin and cryptocurrencies are. You should understand that the media do not really preach Bitcoin and cryptocurrencies to the general public, so it will be very difficult for people to have a good amount of information about the existence of the crypto ecosystem. It is estimated that less than 1% of the entire population of the world know what bitcoin and cryptocurrencies are. And out of this estimation, 50% invest and use bitcoin and cryptocurrency. But there is hope for the entire cryptocurrency ecosystem since the world is gradually getting to know this ecosystem as days and years pass by. Title: Re: People still don't know about Bitcoin Post by: johnnathanexo on January 13, 2021, 11:59:11 AM Exocrow is the best offering high return bitcoin savings account with a promotion now of 12% monthly return but very soon it will be back to 3.4% ( 40.8% annually ). This option nobody really has online to bring such returns for investors. I am using https://exocrow.com/. You can also try and earn.
Title: Re: People still don't know about Bitcoin Post by: iTradeChips on January 13, 2021, 01:05:00 PM people only know the name bitcoin and do not know the use of bitcoin and how to get bitcoin in my country bitcoin is not foreign to hearing and many people say bitcoin but they are not interested in investing in bitcoin. It the person's choice if they want to invest in bitcoin or not. I am really baffled why this one is wondering why people still don't know it. I mean it not really that they don't know Bitcoin, but they simply chose to ignore it and not participate on it. I don't meddle with other peoples affairs and so should us. We don't force people to participate in Bitcoin, let them know it and make their own minds about it. Many people have heard of it and many chose to ignore it. Title: Re: People still don't know about Bitcoin Post by: Kid4U on January 13, 2021, 01:28:21 PM yeh you are right there are too many contries encluding my country where prople dont know about digital currency
like bitcoin, ethereum and so on i am really surprise and shock that most famous digital currency like bitcoin which has 34600$ price and they still dont know about them. i am upset for them because when they come here to know about this they will be face alot of scams, problems and many more things Title: Re: People still don't know about Bitcoin Post by: DarkDays on January 13, 2021, 01:33:33 PM I agree, that people still don't know about Bitcoin.
Despite BTC being bigger than many worlds currencies there are a incredible high number of people that still have not heard about Bitcoin or know what it is. While this is the case at the moment, with more mediocre media covering how BTC jumped from 10K to >35K in the space of a few years will at least increase awareness among the general public. So, it is still just a matter of time Title: Re: People still don't know about Bitcoin Post by: iTradeChips on January 13, 2021, 01:49:28 PM yeh you are right there are too many contries encluding my country where prople dont know about digital currency like bitcoin, ethereum and so on i am really surprise and shock that most famous digital currency like bitcoin which has 34600$ price and they still dont know about them. i am upset for them because when they come here to know about this they will be face alot of scams, problems and many more things Don't be upset, for it is not your responsibility to be a preacher of cryptocurrency to the masses. This is simply a natural progression of things, don't fret on something you have no control about. The truth is, nobody really don't give a scheisse about cryptocurrency. You explain to them, you will be dismissed as a nerd. They fail on crypto and they will condemn it as a pyramid scheme. In any way there is really no way you can spread the message and everybody would want that piece of the pie. Remember it takes money to earn more money, and people don't have money to invest in Bitcoin. Title: Re: People still don't know about Bitcoin Post by: JerryKin on July 08, 2021, 11:44:09 AM Is Bitcoin popular? I'd say yes. But relative to the population of people who haven't heard about. No, bitcoin isn't has popular as it should be.
Quite a number of the world's populace have heard about it but not so many know what Bitcoin really is. You'd be shocked by what have heard about it. some think it's just one of our days illegal means of earning. Some say it's for the young unserious individual😆. There's totally nothing weird about the fact a large number of today's population don't know about Bitcoin. Majority of them still struggle with the genuity of what the internet is and what it can do. Title: Re: People still don't know about Bitcoin Post by: Karish2return on July 08, 2021, 06:11:54 PM Yes, there are a lot of people still don't know about bitcoin and its characteristics, most of the people in our society or even country don't know about bitcoin. They have to know about it, even in the world of technology where everything is available and present in a simple way for the people.
Title: Re: People still don't know about Bitcoin Post by: livingfree on July 09, 2021, 12:10:00 AM And it will always be so. But note that now a lot more people know what crypto is and how it works. It has increased after all of these years but it's not enough to say that there are a lot of us know how it exactly works and what cryptocurrencies are.The world population is big and we're not even close to the slightest population the world has ever had but we're growing and it's expected to happen overtime. Title: Re: People still don't know about Bitcoin Post by: BETTY B on July 09, 2021, 12:50:12 AM Cryptocurrency is a new technology after all,.and the people's understanding of cryptocurrency depends on the national social financial policy, education level, etc.
Title: Re: People still don't know about Bitcoin Post by: ARTURVH on July 09, 2021, 01:19:39 AM There are two reasons. First, Bitcoin has not yet developed into every field of social payment. Few people use it.
Another reason is Bitcoin technology has relation with the Internet, people’s knowledge is also very important, and education is very important. Title: Re: People still don't know about Bitcoin Post by: BETTYUI on July 09, 2021, 01:46:02 AM Bitcoin is a new thing, which involves less scope in daily applications, and it is difficult for many people to be interested in what has just appeared. Bitcoin is running in a network system, and it can be anonymously traded and held. People who cannot see a real object like gold will feel that Bitcoin is insecure and unreliable. There are also some regions or countries that do not support Bitcoin. If they suppress Bitcoin, people will think that what the government does not support is legal.
Title: Re: People still don't know about Bitcoin Post by: Kiley33 on July 09, 2021, 02:19:50 AM In our country, very few people know Bitcoin. It's just that some investors have a certain understanding and understanding of Bitcoin, but some people understand Bitcoin through negative news, so they will not have much feeling about Bitcoin. They are not interested and don't want to know Bitcoin. In some places, Bitcoin is banned. They think it's useless to understand this, and may not care too much about it.
Title: Re: People still don't know about Bitcoin Post by: ropyu1978 on July 09, 2021, 02:32:29 AM true as you say, most people are afraid to play in bitcoin, because bitcoin relies on the internet, and not real goods, such as gold, paper money that can be held, people who plunge into the crypto world on average have a steel mentality, and are ready to face anything The risk that comes, in my country Indonesia can be said that only 20% are playing in bitcoin, 30% are still afraid to play in bitcoin, and 50% are not familiar with bitcoin...
Title: Re: People still don't know about Bitcoin Post by: Caldear on July 09, 2021, 02:37:48 AM Bitcoin is based on the underlying technology of the blockchain, and its practical applications are relatively small, and there is no widespread media dissemination, and people rarely know Bitcoin in other ways. Bitcoin exists on the Internet. Many people don't know the purpose and actual value of Bitcoin. It is difficult for them to believe in Bitcoin.
Title: Re: People still don't know about Bitcoin Post by: Iceblast on July 09, 2021, 03:01:54 AM yeh you are right there are too many contries encluding my country where prople dont know about digital currency the lack of information about bitcoin causes many people not to know, they only think of the negative side of bitcoin. like in my country many say bitcoin has to do with gambling. even though it's legal and bitcoin is very profitable, it's only a matter of time to introduce bitcoin to many peoplelike bitcoin, ethereum and so on i am really surprise and shock that most famous digital currency like bitcoin which has 34600$ price and they still dont know about them. i am upset for them because when they come here to know about this they will be face alot of scams, problems and many more things Title: Re: People still don't know about Bitcoin Post by: Rajamuda on July 09, 2021, 03:53:58 AM Related to government, it's not friendly yet, but the public knows it. I think now bitcoin will be more and more known because of more activity on the internet today and also the current pandemic situation. In my place, so few people knew bitcoin, until now more and more people know and learn that it has its advantages and disadvantages, where most of them think bitcoin is like another side of investment in the internet world and trading.
Title: Re: People still don't know about Bitcoin Post by: verita1 on July 09, 2021, 04:02:54 AM It is true that we notice that in our communities and country very few people and businesses know about bitcoin and cryptocurrencies.
Unfortunately in some countries there is repression by the authorities that prohibit their citizens from using them. The opposite thing happens in other countries and we could say that they are bitcoin and cryptocurrency friendly countries. However, mass adoption is yet to come. I have done a little search and found this interesting statistic. Quote Global Crypto Adoption Cryptocurrency adoption is growing around the world. As a leading cryptocurrency payments company, we strive to offer key statistics to help businesses better understand the cryptocurrency market—how you can reach untapped markets and grow your business. As of 2021, we estimated global crypto ownership rates at an average of 3.9%, with over 300 million crypto users worldwide. And over 18,000 businesses are already accepting cryptocurrency payments. Over 300+ million crypto users worldwide. North America - 28 million. South America - 24 million. Europe - 38 million. Africa - 32 million. Asia - 160 million. Oceania - 1 million. https://triple-a.io/crypto-ownership/ (https://triple-a.io/crypto-ownership/) Title: Re: People still don't know about Bitcoin Post by: LimLims on July 09, 2021, 05:26:54 AM And it will always be so. But note that now a lot more people know what crypto is and how it works. Normally when does a people comes to know about a particular thing? It’s only when he develops an interest on that particular thing. Same thing happens with BTC. If people has interest on BTC, then definitely they will learn about it. And yes you can’t force people to know about it if they really show great interest in it. And therefore it is concluded that many people still don’t know about Bitcoins. Title: Re: People still don't know about Bitcoin Post by: bitcion-- on July 09, 2021, 06:34:24 AM I make an example to answer your question.I have traveled to Africa for a few years, and I used to be confident that they would know New York, Manhattan, and Las Vegas. In fact they know nothing.
Title: Re: People still don't know about Bitcoin Post by: ndalliard on July 09, 2021, 06:37:08 AM i agree - we are still pretty early. it can happen that enthusiasts are in some kind of bubble (not talking about the price here) and think everyone knows about bitcoin. having heard of something and knowing something are two different things. i would say a lot of people have maybe heard of bitcoin, but most still don't understand it
this is actually something i like and i am happy to help my friends and family with questions related to bitcoin Title: Re: People still don't know about Bitcoin Post by: SacriFries11 on July 09, 2021, 03:13:37 PM Because most people dont have the access to internet and it is still not supported and accepted across the world. digital currency is still not being used bya most countries. but many companies are willing to invest to cryptocurrency like Tesla of Elon Musk. It lacks promotion and information on its technology. The government does not support because they cannot control it.
Title: Re: People still don't know about Bitcoin Post by: swiftbits on July 09, 2021, 03:33:22 PM Like some social media platforms, even up to this day, some people have no idea that it exists, considering how popular it is.
Bitcoin is relatively new on the internet; even though online marketplace and cashless transactions are favored, cryptocurrencies are not utilized. Bitcoin seems too complex when you just found out about it, resulting in a lack of acceptance. Title: Re: People still don't know about Bitcoin Post by: ndalliard on July 09, 2021, 04:01:22 PM Bitcoin seems too complex when you just found out about it, resulting in a lack of acceptance. i imagine the same could be said about the internet - who really understands what happens "behind the scenes". on that node, there is this site named explained from first princicple (https://ef1p.com) from a guy in switzerland. the first post was about the internet, the second about email and i think he told me that the next one will be about bitcoin. the posts are long as books, but worth it, if you are interested in the topic. you see the parallels between these three things? all are networks, about communication - this will be great! :) Title: Re: People still don't know about Bitcoin Post by: worldofcoins on July 09, 2021, 04:19:16 PM Because most people dont have the access to internet and it is still not supported and accepted across the world. digital currency is still not being used bya most countries. but many companies are willing to invest to cryptocurrency like Tesla of Elon Musk. It lacks promotion and information on its technology. The government does not support because they cannot control it. Most people also use currency just as a survival medium to be able to buy food, shelter, etc and they don't make a lot, unless there are stores that accept bitcoin in their local they will rarely care about using it, let alone knowing it. But when popular people like ElonMusk promote something and it's popular it's in news than alsoways consider things are going to get wild and this Hype will wipe out new people into that perticular space, crypto for example. Title: Re: People still don't know about Bitcoin Post by: conected on July 09, 2021, 06:43:18 PM Like some social media platforms, even up to this day, some people have no idea that it exists, considering how popular it is. - Perhaps we are elevating the problem to the level of complexity while the problem is not about people's understanding of bitcoin, it is also unrelated to popularity because in a very ordinary country, the internet and communication networks are also expanding, bitcoin has also gained traction, it is impossible to think that people still don't know or understand it. Many people are probably just being proactive in not caring about the presence of bitcoin, they know why and they care about many other issues, perhaps with themselves, Bitcoin is just a very ordinary name and does not need much consideration to investBitcoin is relatively new on the internet; even though online marketplace and cashless transactions are favored, cryptocurrencies are not utilized. Bitcoin seems too complex when you just found out about it, resulting in a lack of acceptance. Title: Re: People still don't know about Bitcoin Post by: clint25n on July 09, 2021, 08:32:45 PM almost all people lately have started to know about bitcoin but they tend to not understand how to play bitcoin because in this modern era, almost everyone knows about everything but they don't know what the use and function of the item or business is , because they only know the class but don't understand what bitcoin means and how it works bitcoin
Title: Re: People still don't know about Bitcoin Post by: temple on July 09, 2021, 09:40:29 PM Like some social media platforms, even up to this day, some people have no idea that it exists, considering how popular it is. - Perhaps we are elevating the problem to the level of complexity while the problem is not about people's understanding of bitcoin, it is also unrelated to popularity because in a very ordinary country, the internet and communication networks are also expanding, bitcoin has also gained traction, it is impossible to think that people still don't know or understand it. Many people are probably just being proactive in not caring about the presence of bitcoin, they know why and they care about many other issues, perhaps with themselves, Bitcoin is just a very ordinary name and does not need much consideration to investBitcoin is relatively new on the internet; even though online marketplace and cashless transactions are favored, cryptocurrencies are not utilized. Bitcoin seems too complex when you just found out about it, resulting in a lack of acceptance. It is not impossible that there are people who don't understand or know it. Although not very often, I do meet people who have no clue about Bitcoin. But you brought something else up that might be of relevance. There are people who don't understand Bitcoin and refuse to learn about it let alone use it. It's the same with even much easier technologies like e-commerce platforms or even email. The older generation sometimes refuses to use that stuff and the more complex something seems to be, the less the willingness by some people to get accustomed with it. Title: Re: People still don't know about Bitcoin Post by: livingfree on July 09, 2021, 09:46:26 PM almost all people lately have started to know about bitcoin but they tend to not understand how to play bitcoin because in this modern era, almost everyone knows about everything but they don't know what the use and function of the item or business is , because they only know the class but don't understand what bitcoin means and how it works bitcoin There are also other reasons like they know bitcoin but they find it expensive and don't want to buy it.Whilst some already knew what bitcoin is and they know the price of it presently but they have the mindset of the rich quick just as what they've seen with successful people that have shared their bitcoin journey. Some are just quietly understanding the concept of bitcoin before they firmly invest on it. Title: Re: People still don't know about Bitcoin Post by: Woodie on July 09, 2021, 10:36:01 PM There are many people who still don't know about bitcoin or other cryptocurrencies. I don't know about others I am talking about my country and about my society. Whenever I ask from people about or talk about the Bitcoin. They ask what is this? Slowly but sure we are getting there...and seeing most of our big crypto companies are taking a big step by being proactive in trying to make cryptos known to the world.How much there is who face this problem? We have seen some fiat casinos offering crypto services, sponsorship of sports activities which is another major step and a whole lot going on. If I were to guess I think 30% or more of the world's population know about bitcoin as of today. Title: Re: People still don't know about Bitcoin Post by: randegibran on July 10, 2021, 01:36:13 AM people only know what bitcoin is.but they don't fully understand the nature of bitcoin itself.which is.always negative.towards.bitcoin with some pressures.that.cause bitcoin to go down.t seems.like everyone knows.that bitcoin is.not good in.their opinion.even though we don't explore what the benefits.are from bitcoin.itself
Title: Re: People still don't know about Bitcoin Post by: mamahdedeh on July 10, 2021, 03:48:41 AM people only know what bitcoin is.but they don't fully understand the nature of bitcoin itself.which is.always negative.towards.bitcoin with some pressures.that.cause bitcoin to go down.t seems.like everyone knows.that bitcoin is.not good in.their opinion.even though we don't explore what the benefits.are from bitcoin.itself the word bitcoin is not good because many of the beginner bitcoiners lose when investing in bitcoin, during the bullrun they invest without learning what bitcoin is, so the price goes back down and they sell it for fear of losing their money, so they talk negatively about bitcoin without the learning process first Title: Re: People still don't know about Bitcoin Post by: blackened515 on July 10, 2021, 04:25:47 AM people only know what bitcoin is.but they don't fully understand the nature of bitcoin itself.which is.always negative.towards.bitcoin with some pressures.that.cause bitcoin to go down.t seems.like everyone knows.that bitcoin is.not good in.their opinion.even though we don't explore what the benefits.are from bitcoin.itself the word bitcoin is not good because many of the beginner bitcoiners lose when investing in bitcoin, during the bullrun they invest without learning what bitcoin is, so the price goes back down and they sell it for fear of losing their money, so they talk negatively about bitcoin without the learning process first Title: Re: People still don't know about Bitcoin Post by: Rigon on July 10, 2021, 04:32:54 AM In cryptocurrencies world, 300 millions people (among from 730 cores) directly and indirectly aware about online virtual cryptos. But In my country more than 3% people are know about cryptocurrency. I am sure in the future if cryptocurrency existing,then all classes of people would know about bitcoin and others cryptocurrencies.
Title: Re: People still don't know about Bitcoin Post by: clint25n on July 10, 2021, 05:51:24 AM actually there are still many people who don't fully understand bitcoin and they also don't like bitcoin and if people want to learn to understand bitcoin of course we will teach them how to base it on bitcoin itself which is a long-term business that we can invest with an indefinite period and an indefinite time. Therefore, it's not that they don't understand bitcoin but they tend to be those who do not understand bitcoin itself
Title: Re: People still don't know about Bitcoin Post by: Liamttw on July 10, 2021, 07:16:02 AM Some countries suppress Bitcoin and prohibit Bitcoin transactions, and they will think that what the government does not support is illegal.
Because the bitcoin market price fluctuates greatly, they will be afraid of the risks that arise when the price drops. They have not held Bitcoin for a long time, and they do not know the benefits of Bitcoin and the positive impact on the world. Title: Re: People still don't know about Bitcoin Post by: Mr.sprin on July 10, 2021, 07:51:54 AM in my country many know bitcoin but they only know the price of bitcoin they just think bitcoin is expensive but they don't know how to get bitcoin so they don't know the true function of bitcoin.
Title: Re: People still don't know about Bitcoin Post by: Obito on July 10, 2021, 08:46:42 AM Not everyone is reached by the Internet and impoverished people don't have the necessary gadget to access bitcoin or any information about it, maybe if we go on a campaign that will inform people from all strata about cryptocurrency and bitcoin, we can probably make a difference because information is enough to make them curious.
Title: Re: People still don't know about Bitcoin Post by: Tahsin Kabir Kollol on July 10, 2021, 05:33:47 PM There are several differences between being aware of cryptocurrency and using it. Some people around us have heard of other cryptocurrency names including Bitcoin on various social media such as Twitter, Facebook, or online but most of them don't know much about it. Especially when the news of the ban on Bitcoin is spread through various news outlets, many people just listen to it but are not interested in knowing or using it. However, it is gaining popularity among the interested parties and the number of its users is gradually increasing. The positive aspects of cryptocurrency are that people will be more interested in cryptocurrency and its use will be more widespread.
Title: Re: People still don't know about Bitcoin Post by: erep on July 10, 2021, 05:55:02 PM I think almost everyone knows bitcoin in layman's terms only as an investment, but we need to actively explain more details about bitcoin knowledge, we are glad that some people have responded well and many people have asked about bitcoin since it reached ATH last April.
Title: Re: People still don't know about Bitcoin Post by: MFahad on July 10, 2021, 06:21:04 PM I think almost everyone knows bitcoin in layman's terms only as an investment, but we need to actively explain more details about bitcoin knowledge, we are glad that some people have responded well and many people have asked about bitcoin since it reached ATH last April. For layman , investment may mean to buy bitcoin and keep it save. This is also a profitable thing to do but most of the experienced person try to trade bitcoin in order to accumulate more bitcoin. Title: Re: People still don't know about Bitcoin Post by: Dewi89 on July 10, 2021, 06:29:09 PM Bitcoin is very familiar to everyone's audience and many public media have reported on bitcoin in general, but concerns for beginners in bitcoin investment that they are not ready to risk losses and rush to take action to exchange them for fiat, we need to invite them to join in crypto community.
Title: Re: People still don't know about Bitcoin Post by: bitzizzix on July 10, 2021, 06:31:28 PM I think almost everyone knows bitcoin in layman's terms only as an investment, but we need to actively explain more details about bitcoin knowledge, we are glad that some people have responded well and many people have asked about bitcoin since it reached ATH last April. That's right, almost everyone knows bitcoin, it's just that they still don't know the details and when bitcoin hit the high price yesterday there were a lot of advertisements and bitcoin news circulating on social media and so on.it just takes a process for them as a whole to know in detail and if we see bitcoin users grow and develop like in the area around me which used to be only a few people now have spread and many are using it, and most of them are millennials. and besides that to get to know bitcoin further, they can look for it on the internet and so on which makes it easier for them to know, learn and do. Title: Re: People still don't know about Bitcoin Post by: ninkdwi on July 10, 2021, 07:23:35 PM Is Bitcoin popular? I'd say yes. But relative to the population of people who haven't heard about. No, bitcoin isn't has popular as it should be. a simple example like this, in this world there are so many countries and of all the countries in this world there are still many that people don't know even though there are still some countries that maybe I don't know the name of the country.Quite a number of the world's populace have heard about it but not so many know what Bitcoin really is. You'd be shocked by what have heard about it. some think it's just one of our days illegal means of earning. Some say it's for the young unserious individual😆. There's totally nothing weird about the fact a large number of today's population don't know about Bitcoin. Majority of them still struggle with the genuity of what the internet is and what it can do. it is the same with bitcoin. this world is too wide and for the size of bitcoin people still know or not the answer is of course many people know, but not everyone has to know because basically from everyone in all corners of the world they even don't care about this. everything has its scope and there is no need to force other people to know about bitcoin because not necessarily other people care about this, besides that there are several factors that make them not aware of it such as prohibitions from government regulations and in this part of the world not all countries have access adequate internet. Title: Re: People still don't know about Bitcoin Post by: Ryker1 on July 10, 2021, 10:07:50 PM I think almost everyone knows bitcoin in layman's terms only as an investment, but we need to actively explain more details about bitcoin knowledge, we are glad that some people have responded well and many people have asked about bitcoin since it reached ATH last April. Well, in my own not everyone knows bitcoin especially those people who can not afford internet to their place, they are not oriented to the technology that bitcoin has. I don't know if how much the percentage of people that has access to the internet but maybe only a few of them. But perhaps from time to time bitcoin will always well be known because it will create a trend when there were always an ATH and those early generations will most likely more involve in the technology like having a mobile phone. Title: Re: People still don't know about Bitcoin Post by: snipie on July 10, 2021, 10:31:29 PM Before 2015 I don't recall hearing the word "Bitcoin" or "blockchain" in real life nor in forums that I frequently visited nor in video games and social media. From 2015 to summer 2017, those terms were rarely used and few members of the family and friends heard about it from me but not really involved. By winter 2017 and the hype following ATH more and more people were talking about it, yet still limited. Now by 2020 and the new ATH, I see so many people involved in cryptocurrencies in general, holding many coins, few are trying to mine, some forums created subs dedicated for cryptocurrencies. I won't deny the influence of famous people like Musk but for sure they showed up after Bitcoin already had a solid base.
I would like to imagine how the crypto world will be after 5 years from now! Title: Re: People still don't know about Bitcoin Post by: verita1 on July 10, 2021, 11:18:55 PM The crypto world within the next 5 years could be great!
I would love to know the technological advances that we will have, new dapps, mobile wallets and others. As well as the improvements in the use of bitcoin mining that have been so much questioned. What is mentioned in this thread about people's little knowledge of bitcoin is important. If we join forces to invite our family and friends to crypto technology, we will be more. Title: Re: People still don't know about Bitcoin Post by: rosebrand on July 11, 2021, 03:10:31 AM No doubts there are so many people around the world who haven't heard of bitcoin, many people find the word bitcoin so strange but it's just a matter of time bitcoin will be known as it's good news will keep spreading across countries. We can clearly see it that bitcoin popularity is growing with time, some individuals who didn't know about bitcoin are now crypto enthusiasts so what is required is just time bitcoin popularity will keep growing.
Title: Re: People still don't know about Bitcoin Post by: AakZaki on July 11, 2021, 11:07:50 AM ~snip~ we can probably make a difference because information is enough to make them curious. Like my country, although from the data I have obtained the development of internet users is increasing, not all of them feel the internet. Even getting electricity in some areas is difficult. But ever since the price of BTC went up so much I saw that on some social media people have dared to appear, even though they seem to be just showing off their results. A lot of money and pride. Maybe people have heard a lot but to learn maybe only 1:100 are interested. Many people do not want to understand and choose another job.Title: Re: People still don't know about Bitcoin Post by: CryptocurencyKing on July 11, 2021, 12:13:39 PM There would always be those that would be ignorant on some developments or world innovations until they come to a general acceptance. Cryptocurrencies would always be strange to some person and bitcoin most of all because, its a developing niche of it's own and isn't a generally accepted one most of all and as such, there is a limit to the extent its advertisement can go not minding technological limits as those in the rural areas can't afford this basic needs of life.
Also, urban dwellers too. Some persons might be familiar with the team and if you ask them what is bitcoin, they could only stop at 'Bitcoin is a cryptocurrency' and that's all. It tells you to what extent people have refused to be curious about what is trending in there society that has little or no effect on them. It never becomes a thing until it has some effects and to that fact, people would always be ignorant. Use the pandemic Covid-19 for an example. Its only been about a year and almost the whole word with exception of some tribes that remains unexplored or accessed not to know of the pandemic mean while, bitcoin has been around for some 11years yet, a lot of the world population are ignorant of the term and its niche. Title: Re: People still don't know about Bitcoin Post by: yohananaomi on July 11, 2021, 01:44:56 PM No doubts there are so many people around the world who haven't heard of bitcoin, many people find the word bitcoin so strange but it's just a matter of time bitcoin will be known as it's good news will keep spreading across countries. We can clearly see it that bitcoin popularity is growing with time, some individuals who didn't know about bitcoin are now crypto enthusiasts so what is required is just time bitcoin popularity will keep growing. very sure of that, that it didn't take long to be able to introduce bitcoin because bad and good news about bitcoin was always seen on the news, maybe even a lot circulating on social media. those who don't know can be sure that they will always be interested to find out from social media and others, to find out and do something if they think that bitcoin is very profitable. so if it's profitable, it's not wrong, it will spread individual quickly bitcoin will be better known as well .Title: Re: People still don't know about Bitcoin Post by: Elsaveronicha on July 11, 2021, 01:59:39 PM In my country also many who do not know bitcoin. But I still explain as best I can. They mostly still don't trust bitcoin and blockchain technology. I'm sure there are still many who are not familiar with bitcoin. I also believe that one day bitcoin will be more accepted and more popular.
Title: Re: People still don't know about Bitcoin Post by: amihada on July 11, 2021, 04:28:41 PM I think almost everyone knows bitcoin in layman's terms only as an investment, but we need to actively explain more details about bitcoin knowledge, we are glad that some people have responded well and many people have asked about bitcoin since it reached ATH last April. Well, in my own not everyone knows bitcoin especially those people who can not afford internet to their place, they are not oriented to the technology that bitcoin has. I don't know if how much the percentage of people that has access to the internet but maybe only a few of them. But perhaps from time to time bitcoin will always well be known because it will create a trend when there were always an ATH and those early generations will most likely more involve in the technology like having a mobile phone. Title: Re: People still don't know about Bitcoin Post by: worldofcoins on July 11, 2021, 06:38:47 PM In my country also many who do not know bitcoin. But I still explain as best I can. They mostly still don't trust bitcoin and blockchain technology. I'm sure there are still many who are not familiar with bitcoin. I also believe that one day bitcoin will be more accepted and more popular. If you want people to listen to you then change the way you present or say something if it didn't work in the start. "How you say something matters more than what you say" that's human psychology. I wouldn't go into details because it's very easy to exploit people if you pull their right strings, everyone can be exploited including me (which I wouldn't recommend and is morally wrong) Tell those people - Future is cashless, You don't need to rely on Bank's network to make a bitcoin transaction, You don't need a bank to store Bitcoin, Bitcoins are stored on your computer or ledger wallet ~~Explains ledger wallet~~ Tell them honestly how volatile the bitcoin marketplace is if they're here to make a quick buck after being new then they'll most likely be a victim of a Ponzi or lose their money trading on 10x leverage on the trading exchange because it's tempting to trade bitcoin and people who're new into this space most of the time are victims of Hype. Title: Re: People still don't know about Bitcoin Post by: Tumanggor on July 11, 2021, 07:12:48 PM There are many people who still don't know about bitcoin or other cryptocurrencies. I don't know about others I am talking about my country and about my society. Whenever I ask from people about or talk about the Bitcoin. They ask what is this? people right now have a curiosity crisisHow much there is who face this problem? around me, there are really many people who don't know and doesn't want to know about Bitcoin even though they work in IT companies Bitcoin is only for those who have a "growth mindset" while those who are not interested in Bitcoin are just a "fixed mindset" your mouth will be tired of explaining to them what Bitcoin is when their conscience is not interested in Bitcoin at all Title: Re: People still don't know about Bitcoin Post by: amihada on July 12, 2021, 07:24:52 AM There are many people who still don't know about bitcoin or other cryptocurrencies. I don't know about others I am talking about my country and about my society. Whenever I ask from people about or talk about the Bitcoin. They ask what is this? people right now have a curiosity crisisHow much there is who face this problem? around me, there are really many people who don't know and doesn't want to know about Bitcoin even though they work in IT companies Bitcoin is only for those who have a "growth mindset" while those who are not interested in Bitcoin are just a "fixed mindset" your mouth will be tired of explaining to them what Bitcoin is when their conscience is not interested in Bitcoin at all Title: Re: People still don't know about Bitcoin Post by: brainactive on July 12, 2021, 07:30:38 AM Where do you guys live? In the US, I would say 95% of people have already heard about bitcoin. Many of them might not have an in-depth knowledge of it or invest in it, but they have at least heard of it before. Particularly earlier in the year during the Elon pump, even going to local restaurant, there would always be at least one table talking about bitcoin or doge.
Title: Re: People still don't know about Bitcoin Post by: Luqman on July 12, 2021, 09:18:27 AM they don't believe in bitcoin so they don't have a sense to know bitcoin more deeply This is what mostly happened, people don't believe in Bitcoin because they heard only FUDs about Bitcoin. So, finally they are worried and not interested to buy Bitcoin as a digital asset. We must help them to know the truth about Bitcoin, explaining to them the advantages of being Bitcoin holders. Tell them how to invest properly in Bitcoin and some true successful history about Bitcoin holders. This good information may lead them to trust a bit and gradually interested in buying Bitcoin.Title: Re: People still don't know about Bitcoin Post by: horrifiedx1 on July 12, 2021, 01:50:20 PM they don't believe in bitcoin so they don't have a sense to know bitcoin more deeply This is what mostly happened, people don't believe in Bitcoin because they heard only FUDs about Bitcoin. So, finally they are worried and not interested to buy Bitcoin as a digital asset. We must help them to know the truth about Bitcoin, explaining to them the advantages of being Bitcoin holders. Tell them how to invest properly in Bitcoin and some true successful history about Bitcoin holders. This good information may lead them to trust a bit and gradually interested in buying Bitcoin.Title: Re: People still don't know about Bitcoin Post by: panjay on July 12, 2021, 02:40:08 PM Man in my own country Indonesia, some people even store their money under the bedroom!
yeah, it's on villager place but the reason was so funny, because they don't trust the bank, they said something along this line " What if the bank got on accident like a fire spread over or the bank or robber rob the bank, what about our money? " Yeah it's still more and more popular over here, but I can say, we are still early. Title: Re: People still don't know about Bitcoin Post by: ropyu1978 on July 12, 2021, 02:59:21 PM Where do you guys live? In the US, I would say 95% of people have already heard about bitcoin. Many of them might not have an in-depth knowledge of it or invest in it, but they have at least heard of it before. Particularly earlier in the year during the Elon pump, even going to local restaurant, there would always be at least one table talking about bitcoin or doge. It's also true as you said, my friend, if in the US, in China there may be many who know and know bitcoin, but I think there are still many other countries that don't know bitcoin, such as Indonesia, it can be said that only 30% are playing in the crypto world, and the rest they don't know bitcoin, some are still afraid to play in the crypto world..Title: Re: People still don't know about Bitcoin Post by: maisao1991 on July 12, 2021, 03:34:25 PM Speaking of the share on your post, I also had a similar case, they asked me what this is, how can I sell it for cash, how can I trade, sometimes I don't even know how to explain it to them? better understand BTC, especially the elderly, they do not have much contact with current internet technology, they are really old-fashioned and do not know anything about technology.
Title: Re: People still don't know about Bitcoin Post by: blackened515 on July 12, 2021, 04:07:58 PM No doubts there are so many people around the world who haven't heard of bitcoin, many people find the word bitcoin so strange but it's just a matter of time bitcoin will be known as it's good news will keep spreading across countries. We can clearly see it that bitcoin popularity is growing with time, some individuals who didn't know about bitcoin are now crypto enthusiasts so what is required is just time bitcoin popularity will keep growing. Some people don't believe in Bitcoin, they see it as a waste of time, and others believe is a scam. While some people have not heard of bitcoin. But as you stated, Bitcoin popularity are growing everyday. But, i think it will be helpful, if we try and teach people what Bitcoin actually is. How it operate, and the benefits of investing in it. Title: Re: People still don't know about Bitcoin Post by: Twinkledoe on July 12, 2021, 05:19:43 PM No doubts there are so many people around the world who haven't heard of bitcoin, many people find the word bitcoin so strange but it's just a matter of time bitcoin will be known as it's good news will keep spreading across countries. We can clearly see it that bitcoin popularity is growing with time, some individuals who didn't know about bitcoin are now crypto enthusiasts so what is required is just time bitcoin popularity will keep growing. Some people don't believe in Bitcoin, they see it as a waste of time, and others believe is a scam. While some people have not heard of bitcoin. But as you stated, Bitcoin popularity are growing everyday. But, i think it will be helpful, if we try and teach people what Bitcoin actually is. How it operate, and the benefits of investing in it. Only teach those who are willing because for those who are not, you will receive a lot of opposing comments. Hard to explain if the person in front of you already formulated conclusions that are not founded. Ignorance usually is the reason why many people don't like bitcoin. And even us, if we don't know the subject it is hard to convince yourself about its existence. So if someone is willing to listen, then, let him know what you know. Title: Re: People still don't know about Bitcoin Post by: Fredomago on July 12, 2021, 05:45:30 PM No doubts there are so many people around the world who haven't heard of bitcoin, many people find the word bitcoin so strange but it's just a matter of time bitcoin will be known as it's good news will keep spreading across countries. We can clearly see it that bitcoin popularity is growing with time, some individuals who didn't know about bitcoin are now crypto enthusiasts so what is required is just time bitcoin popularity will keep growing. Some people don't believe in Bitcoin, they see it as a waste of time, and others believe is a scam. While some people have not heard of bitcoin. But as you stated, Bitcoin popularity are growing everyday. But, i think it will be helpful, if we try and teach people what Bitcoin actually is. How it operate, and the benefits of investing in it. With this kind of informational drive, personal experienced served as good basis to those people who are afraid or have misconceptions about this chain. It can make a domino effects if we do things effectively, bringing more interest from those people who are close to us that we also wanted to know and learn more about Bitcoin / cryptocurrencies. Title: Re: People still don't know about Bitcoin Post by: dustboy on July 12, 2021, 06:23:02 PM Man in my own country Indonesia, some people even store their money under the bedroom! yeah, it's on villager place but the reason was so funny, because they don't trust the bank, they said something along this line " What if the bank got on accident like a fire spread over or the bank or robber rob the bank, what about our money? " Yeah it's still more and more popular over here, but I can say, we are still early. Technology is something that need time to be accepted and adopted by people especially people who still live in 3rd world countries where most activities is still being done in traditional way. We can force them to accept and adopt technology obviously but we need to tell them about it by some possible ways as we can. Regardless what will they react about it, at least we have tried to tell them something great where they can enjoy the life better than before without leaving their traditional culture. Title: Re: People still don't know about Bitcoin Post by: pinggoki on July 12, 2021, 10:37:23 PM We are by all means allowed to partake in ensuring that bitcoin's reach is expanded by the day. But we are in now way capable of expediting the process up to a global scale because as of the moment there will always be critics and haters of bitcoin and probably cryptocurrencies in general. So what we should do is basically, just carry on with informing people about what bitcoin is and enlightening those who are still not in the clear or are hating because they know too little about cryptocurrencies. Sooner or later we'll find ourselves already reaching the entire planet.
Man in my own country Indonesia, some people even store their money under the bedroom! Their primitive thinking is justified by their primitive experiences, it is really important that these rural areas be informed about the advancements that have been made in the banking and monetary sector of things but then again, you can only teach an old dog few tricks. Just keep on informing and explaining how banking works now to these people and surely they should be able to at least grasp the basic concept of what you're talking about. yeah, it's on villager place but the reason was so funny, because they don't trust the bank, they said something along this line " What if the bank got on accident like a fire spread over or the bank or robber rob the bank, what about our money? " Yeah it's still more and more popular over here, but I can say, we are still early. Title: Re: People still don't know about Bitcoin Post by: milewilda on July 12, 2021, 10:43:22 PM Man in my own country Indonesia, some people even store their money under the bedroom! yeah, it's on villager place but the reason was so funny, because they don't trust the bank, they said something along this line " What if the bank got on accident like a fire spread over or the bank or robber rob the bank, what about our money? " Yeah it's still more and more popular over here, but I can say, we are still early. Technology is something that need time to be accepted and adopted by people especially people who still live in 3rd world countries where most activities is still being done in traditional way. We can force them to accept and adopt technology obviously but we need to tell them about it by some possible ways as we can. Regardless what will they react about it, at least we have tried to tell them something great where they can enjoy the life better than before without leaving their traditional culture. theres still places on this world cant be reached by internet? Its just a matter of mindset of someone people but there are factors which make it more challenging because of resources that is needed and this is where reality sets in and its just sad to think off that there are people who cant really just get involved due to those factors and this is the reality and lets hope that there would be some gateway to reach out to those people who arent aware on whats happening specially on digital world. Title: Re: People still don't know about Bitcoin Post by: panjay on July 13, 2021, 02:23:54 PM Yeah it's about something they feel safe...it's the advancement of tech they fall off..It's something common theme over here, the signal for internet barely reaches the rural village and the people always do the traditional ways doing it..What we do over here always give some education and explanation to them that technology is growing every day and you can easily send money to anywhere in the world. for them seeing is believing.
Title: Re: People still don't know about Bitcoin Post by: riso2015 on July 13, 2021, 02:52:11 PM There are many people who still don't know about bitcoin or other cryptocurrencies. I don't know about others I am talking about my country and about my society. Whenever I ask from people about or talk about the Bitcoin. They ask what is this? that's right.. there are still many people who don't know about bitcoin. As for sometimes people know only when something viral bitcoin reaches a price of hundreds of millions but even then many people still don't understand. Some people know but their understanding is wrong, they sometimes still compare bitcoin with stocks. And what's worse, people are still asking if bitcoin is halal or haramHow much there is who face this problem? Title: Re: People still don't know about Bitcoin Post by: temple on July 13, 2021, 03:09:41 PM There would always be those that would be ignorant on some developments or world innovations until they come to a general acceptance. Cryptocurrencies would always be strange to some person and bitcoin most of all because, its a developing niche of it's own and isn't a generally accepted one most of all and as such, there is a limit to the extent its advertisement can go not minding technological limits as those in the rural areas can't afford this basic needs of life. Also, urban dwellers too. Some persons might be familiar with the team and if you ask them what is bitcoin, they could only stop at 'Bitcoin is a cryptocurrency' and that's all. It tells you to what extent people have refused to be curious about what is trending in there society that has little or no effect on them. It never becomes a thing until it has some effects and to that fact, people would always be ignorant. Use the pandemic Covid-19 for an example. Its only been about a year and almost the whole word with exception of some tribes that remains unexplored or accessed not to know of the pandemic mean while, bitcoin has been around for some 11years yet, a lot of the world population are ignorant of the term and its niche. It used to be a niche I would say, but by now the industry has grown so big that it is hard to believe that there are still people who have never heard about Bitcoin. A lot of people might not understand it and aren't interested in understanding it, but I guess literally everyone should have heard about it by now. It's essentially everywhere in the news all the time. Title: Re: People still don't know about Bitcoin Post by: Amejoaquim on July 14, 2021, 03:07:55 AM Right now almost everyone knows about bitcoin, especially in my society. Especially in range 17 years old - 40 years old. I think the reason why bitcoin so popular in my country because of pandemic, most of the people looking for money from home (Trading) and bitcoin price surge very high in 2020 period.
Title: Re: People still don't know about Bitcoin Post by: sherenikaw on July 14, 2021, 10:52:08 AM It's true that not many people know about cryptocurrencies. But now with the good development of crypto, many people are familiar with cryptocurrencies even though they don't know it fully. Most of them just know or have heard of it. Indeed, to learn the crypto world requires great will and perseverance. It is not easy to be able to follow the crypto world with the risk that there are many people who give up after they learn the crypto world because many also lose. That's why we have to be really careful in the crypto world.
Title: Re: People still don't know about Bitcoin Post by: Issa56 on July 14, 2021, 11:07:33 AM Even in my country lot's of people don't still really know about bitcoin some people think Bitcoin is just used in scamming, people some people dont really believe in digital currency dey don't believe in the money they don't see but I believe with time thing's will change because the rate at which people are beginning to know about bitcoin I just believe with time everybody will get to know about bitcoin.
Title: Re: People still don't know about Bitcoin Post by: ROSERTY on July 15, 2021, 01:45:33 AM Bitcoin is a new currency based on blockchain technology. They heard about Bitcoin through very few channels and didn't know its benefits, so they were not very interested in Bitcoin. Bitcoin is rarely used in daily transactions, and some areas even suppress Bitcoin and prohibit to use it. Bitcoin has a small application scope in their lives, and they will not take the initiative to understand and analyze Bitcoin. So they think Bitcoin is illegal, they will be afraid of Bitcoin and choose to use government-supported legal currency.
Title: Re: People still don't know about Bitcoin Post by: rodskee on July 15, 2021, 03:08:08 AM Right now almost everyone knows about bitcoin, especially in my society. Especially in range 17 years old - 40 years old. I think the reason why bitcoin so popular in my country because of pandemic, most of the people looking for money from home (Trading) and bitcoin price surge very high in 2020 period. Don't consider them that Knows about bitcoin if they only Heard the name and don't really understand what this is and how this works.it sounds like they have Idea about bitcoin but don't know what this is. ____________________________________________________________________ The people who really knows bitcoin are those who invest on this and use this for some things they can afford . Title: Re: People still don't know about Bitcoin Post by: randegibran on July 15, 2021, 04:08:50 AM there.are so many people who don't understand about bitcoin and how it works.therefore we need to shed light on how bitcoin actually works.for a business process that is very, very profitable.in its.business processes.for our lives in the future, and not there.is another.negative opinion.towards the crypto world
Title: Re: People still don't know about Bitcoin Post by: KaliLinux on July 15, 2021, 06:35:16 AM We cannot help to notice that the awareness of Bitcoin or cryptocurrencies, in general, is different across zones and regions. In my country, the southern part is well more knowledgeable in crypto trading than the North, and not that crypto is not known up north but when we start looking at the percentage of people that know and are engaged in trading crypto. Most people north don't know what it is and even if they did know, are not willing to invest in something they can't physically hold, it is just their nature but one thing is clear that most of the people that are engaged in crypto right now up north are millennials and with time it will even be widespread.
Title: Re: People still don't know about Bitcoin Post by: taufik0911 on July 16, 2021, 05:02:44 AM Man in my own country Indonesia, some people even store their money under the bedroom! the same as in my country, it is the effect of many people who are too ordinary and tempted by the quick profits of bitcoin so that scammers use it to commit fraud with the promise of making big profits in a short period of timeyeah, it's on villager place but the reason was so funny, because they don't trust the bank, they said something along this line " What if the bank got on accident like a fire spread over or the bank or robber rob the bank, what about our money? " Yeah it's still more and more popular over here, but I can say, we are still early. I think we should give a lot of education to beginners before they enter the market because it will tell you the safest and best way to invest in cryptocurrency Title: Re: People still don't know about Bitcoin Post by: nhaila on July 16, 2021, 05:16:53 AM Man in my own country Indonesia, some people even store their money under the bedroom! the same as in my country, it is the effect of many people who are too ordinary and tempted by the quick profits of bitcoin so that scammers use it to commit fraud with the promise of making big profits in a short period of timeyeah, it's on villager place but the reason was so funny, because they don't trust the bank, they said something along this line " What if the bank got on accident like a fire spread over or the bank or robber rob the bank, what about our money? " Yeah it's still more and more popular over here, but I can say, we are still early. I think we should give a lot of education to beginners before they enter the market because it will tell you the safest and best way to invest in cryptocurrency Title: Re: People still don't know about Bitcoin Post by: yachiyeo on July 16, 2021, 06:08:06 AM Bitcoin is a cryptocurrency created in 2009 using the alias Satoshi Nakamoto. Normally, transactions are anonymous and are made with no brokers or intermediaries. You can't physically use bitcoin, it's a digital currency. And it's decentralized, meaning that it isn't controlled by a bank or government.
Title: Re: People still don't know about Bitcoin Post by: Mr.sprin on July 16, 2021, 07:47:10 AM there.are so many people who don't understand about bitcoin and how it works.therefore we need to shed light on how bitcoin actually works.for a business process that is very, very profitable.in its.business processes.for our lives in the future, and not there.is another.negative opinion.towards the crypto world it is true that there are still many people who do not understand bitcoin in depth but people know bitcoin is just a name but do not know the use of bitcoin. if we explain to them then surely they will understand the use of bitcoin, I try to explain bitcoin to my friends and they are easy to understand.Title: Re: People still don't know about Bitcoin Post by: Renampun on July 16, 2021, 07:57:48 AM there.are so many people who don't understand about bitcoin and how it works.therefore we need to shed light on how bitcoin actually works.for a business process that is very, very profitable.in its.business processes.for our lives in the future, and not there.is another.negative opinion.towards the crypto world it is true that there are still many people who do not understand bitcoin in depth but people know bitcoin is just a name but do not know the use of bitcoin. if we explain to them then surely they will understand the use of bitcoin, I try to explain bitcoin to my friends and they are easy to understand.it's really hard to make ordinary people believe that Bitcoin is a very good investment when that person believes more in FUD about Bitcoin that is spread in cyberspace. they will surely be very sorry for refusing to believe in Bitcoin today. Title: Re: People still don't know about Bitcoin Post by: Pamadar on July 16, 2021, 12:37:30 PM My experience is also like this, many are quite understanding, but many do not dare to try to invest in Bitcoin... it's really hard to make ordinary people believe that Bitcoin is a very good investment when that person believes more in FUD about Bitcoin that is spread in cyberspace. they will surely be very sorry for refusing to believe in Bitcoin today. Nothing but regrets after refusing to invest and support this great opportunities from Bitcoin investment. Hard to convince if you are just talking about it, but once they witness how big the profits that you gained from your investment, they'll start trying to find ways to imitate your success, worry not about them, just let them explore and engaged for their own benefits. Title: Re: People still don't know about Bitcoin Post by: zanezane on July 16, 2021, 12:40:07 PM We cannot help to notice that the awareness of Bitcoin or cryptocurrencies, in general, is different across zones and regions. In my country, the southern part is well more knowledgeable in crypto trading than the North, and not that crypto is not known up north but when we start looking at the percentage of people that know and are engaged in trading crypto. Most people north don't know what it is and even if they did know, are not willing to invest in something they can't physically hold, it is just their nature but one thing is clear that most of the people that are engaged in crypto right now up north are millennials and with time it will even be widespread. Probably because it depends on how widespread technology or how knowledgeable are people with the current trends that is affecting the popularity of bitcoin and cryptocurrencies in different regions, plus we don't really feel it because we are surrounded by people who are knowledgeable about cryptocurrencies.Title: Re: People still don't know about Bitcoin Post by: goldade on July 16, 2021, 01:09:30 PM There are many people who still don't know about bitcoin or other cryptocurrencies. I don't know about others I am talking about my country and about my society. Whenever I ask from people about or talk about the Bitcoin. They ask what is this? How much there is who face this problem? This is one of the few daily surprises that I get. Everyday when I meet people, I asked them about bitcoin and I find it surprising that large percentage of them do not know what bitcoin is and those that know it know nothing more than it is digital money. What makes this surprising is the fact that bitcoin is over decade old and has risen exponentially in terms of adoption in the mainstream but the fact is that there are a whole lot of people who don't know bitcoin. This just proves that there's is a lot to do in terms of adoption in the mainstream world. Title: Re: People still don't know about Bitcoin Post by: blackened515 on July 17, 2021, 06:57:25 AM there.are so many people who don't understand about bitcoin and how it works.therefore we need to shed light on how bitcoin actually works.for a business process that is very, very profitable.in its.business processes.for our lives in the future, and not there.is another.negative opinion.towards the crypto world it is true that there are still many people who do not understand bitcoin in depth but people know bitcoin is just a name but do not know the use of bitcoin. if we explain to them then surely they will understand the use of bitcoin, I try to explain bitcoin to my friends and they are easy to understand.Title: Re: People still don't know about Bitcoin Post by: riso2015 on July 17, 2021, 07:17:31 AM there.are so many people who don't understand about bitcoin and how it works.therefore we need to shed light on how bitcoin actually works.for a business process that is very, very profitable.in its.business processes.for our lives in the future, and not there.is another.negative opinion.towards the crypto world it is true that there are still many people who do not understand bitcoin in depth but people know bitcoin is just a name but do not know the use of bitcoin. if we explain to them then surely they will understand the use of bitcoin, I try to explain bitcoin to my friends and they are easy to understand.Title: Re: People still don't know about Bitcoin Post by: Fortify on July 17, 2021, 07:46:31 AM There are many people who still don't know about bitcoin or other cryptocurrencies. I don't know about others I am talking about my country and about my society. Whenever I ask from people about or talk about the Bitcoin. They ask what is this? How much there is who face this problem? There are many people who are 50+ who will only have heard about vague references to Bitcoin in the news and will never know anything about it. They will never need to use it in their lifetime, especially as it has become more like a commodity rather than a functional token used to buy stuff. It is probably for the best because they will be much more susceptible to losing money in things like scams or fake adverts. Title: Re: People still don't know about Bitcoin Post by: Expecto on July 17, 2021, 07:54:02 AM Unfortunately, there are still many people who have no idea about Bitcoin. But this pandemic period helped many more people meet Bitcoin and the market. But many of them are making investments blindly also. They don't have much information about the market. They just make some investments randomly or trusting someone's advices. And this is really bad and very risky.
Title: Re: People still don't know about Bitcoin Post by: BillGoldberg on July 17, 2021, 09:58:09 AM People may have heard of it by now but are still skeptical bc they haven't done their own research. I asked a relative overseas yesterday if its in the mainstream news there and the answer was no. Also they were skeptical bc its not something physical so they have a hard time understanding how it works.
But in gaming, AXIE and other games like AnRKeY X (https://anrkeyx.io/landing) are gaining popularity as people can never believe that they can play to earn and sell their NFT. Future is bright for DeFi Gaming. Title: Re: People still don't know about Bitcoin Post by: Rehan Zakir on July 17, 2021, 11:56:03 AM Bitcoin is a new currency. And there are many areas where internet is not available. So, without internet crypto currency is nothing. Because it is used only over the internet. In developed countries internet facility is available. So, there peoples know about this currency and trade in this currency. So, i think this is the reason.
Title: Re: People still don't know about Bitcoin Post by: 19Nov16 on July 17, 2021, 02:20:41 PM Bitcoin is a new currency. And there are many areas where internet is not available. So, without internet crypto currency is nothing. Because it is used only over the internet. In developed countries internet facility is available. So, there peoples know about this currency and trade in this currency. So, i think this is the reason. May need the role of the state to provide easy internet access so that everyone can benefit from bitcoin. unfortunately bitcoin only works in the internet network and this is the biggest problem for development of bitcoin, many countries find it difficult to get internet. Title: Re: People still don't know about Bitcoin Post by: clint25n on July 17, 2021, 04:50:13 PM some people who understand what bitcoin is but they don't know fully how the definition of bitcoin and how it works from bitcoin, because many people give their definition unilaterally with bitcoin and continue to give bad opinions in their own way, maybe that's the basic principle people who don't know about bitcoin
Title: Re: People still don't know about Bitcoin Post by: dunfida on July 17, 2021, 05:22:45 PM some people who understand what bitcoin is but they don't know fully how the definition of bitcoin and how it works from bitcoin, because many people give their definition unilaterally with bitcoin and continue to give bad opinions in their own way, maybe that's the basic principle people who don't know about bitcoin There would be someone who would really be making out reactions or their own views towards bitcoin without even having done their assignment or making our some research firstand then they do really make out some conclusions that something which is on negative or totally a false one.Honestly it is really just not that complicated for someone to understand bitcoin but there are circumstances which do really prohibit someone on able to do so. Ex. remote places doesnt have internet. Title: Re: People still don't know about Bitcoin Post by: Karartma1 on July 17, 2021, 05:46:53 PM Bitcoin is a new currency. And there are many areas where internet is not available. So, without internet crypto currency is nothing. Because it is used only over the internet. In developed countries internet facility is available. So, there peoples know about this currency and trade in this currency. So, i think this is the reason. For your information Bitcoin is 12 years old! I don't think we can consider it still new but rather a mature and great accomplishment in the realm of economics!As for the rest of your comment, it really depends on what you want to do with BTC because even if there's no internet and I want bitcoin long term, I can easily create a paper wallet and have the BTC sent to it. And I can do it without Internet. Title: Re: People still don't know about Bitcoin Post by: ReiMomo on July 17, 2021, 07:03:30 PM Bitcoin is a new currency. And there are many areas where internet is not available. So, without internet crypto currency is nothing. Because it is used only over the internet. In developed countries internet facility is available. So, there peoples know about this currency and trade in this currency. So, i think this is the reason. For your information Bitcoin is 12 years old! I don't think we can consider it still new but rather a mature and great accomplishment in the realm of economics!As for the rest of your comment, it really depends on what you want to do with BTC because even if there's no internet and I want bitcoin long term, I can easily create a paper wallet and have the BTC sent to it. And I can do it without Internet. There might be a less possibility of medias spreading news on bitcoin or on any other crypto currencies in and around where he lives. It does even matter of whom he is surrounded with. Recent height of BTC to $61k, really astounded huge investors and brought them into crypto currencies. There was a talk everywhere on medias about bitcoin and doge if you remember of Elon's tweets impacts on crypto market. Media plays a great role here. Title: Re: People still don't know about Bitcoin Post by: velosepur on July 17, 2021, 07:11:24 PM We cant say bitcoin is something new but for some areas and parts of world it is. There is no internet always, no proper news and education about crypto and main facts. Unfortunately many people have existential problems-food, wather or place to live. We dont think about it often. On the other side lack of knowlege is big risk and danger for newbies who want to invest.
Title: Re: People still don't know about Bitcoin Post by: Rigon on July 18, 2021, 02:06:43 AM In my country most of the people are believe in Fiat money and Don't prefer to Any online virtual cryptocurrencies. My country's people don't know anything about online virtual cryptocurrency . About 0.02% people who are directly or indirectly involved with cryptocurrencies.
Title: Re: People still don't know about Bitcoin Post by: Wawa2013 on July 18, 2021, 02:50:42 AM We cant say bitcoin is something new but for some areas and parts of world it is. There is no internet always, no proper news and education about crypto and main facts. Unfortunately many people have existential problems-food, wather or place to live. We dont think about it often. On the other side lack of knowlege is big risk and danger for newbies who want to invest. Bitcoin was released 12 years ago, it's not exactly a new thing. But still very many people don't know about Bitcoin, maybe some people have heard of it, but most still don't understand Bitcoin. There are still many places that do not have internet access, this is what makes many people who ultimately do not get information about Bitcoin. Moreover, there are still many countries that reject Bitcoin, this is also a factor that makes many people receive wrong information, because they think something the government refuses is a bad thing. It is very important for those of us who already understand Bitcoin, help educate people around us who don't really understand Bitcoin. Little things we do by educating others about Bitcoin, can have a big impact if done by many people. Title: Re: People still don't know about Bitcoin Post by: clint25n on July 18, 2021, 06:10:05 AM almost a lot.of people who don't understand bitcoin, they only hear about it.from people around or browse it.on the internet, they don't fully understand what is.called bitcoin, how does bitcoin actually work and then they give negative.opinions according.to their ability to think.its shallow.I will always give them.a definition.of bitcoin.itself what else for those who are.laymen
Title: Re: People still don't know about Bitcoin Post by: Pamadar on July 18, 2021, 09:25:46 AM We cant say bitcoin is something new but for some areas and parts of world it is. There is no internet always, no proper news and education about crypto and main facts. Unfortunately many people have existential problems-food, wather or place to live. We dont think about it often. On the other side lack of knowlege is big risk and danger for newbies who want to invest. Bitcoin was released 12 years ago, it's not exactly a new thing. But still very many people don't know about Bitcoin, maybe some people have heard of it, but most still don't understand Bitcoin. There are still many places that do not have internet access, this is what makes many people who ultimately do not get information about Bitcoin. Moreover, there are still many countries that reject Bitcoin, this is also a factor that makes many people receive wrong information, because they think something the government refuses is a bad thing. It is very important for those of us who already understand Bitcoin, help educate people around us who don't really understand Bitcoin. Little things we do by educating others about Bitcoin, can have a big impact if done by many people. The scope of information relies mostly with the internet and both of you are right, Those who don't have internet are not aware with this investment currency while those who have and capable are still doubtful with the way volatility really affecting the market. With said so, we still need to help the awareness by sharing our knowledge that simple act can deliver possible interest to more people around. Title: Re: People still don't know about Bitcoin Post by: Imran232 on July 18, 2021, 09:37:00 AM All because of government the most of people still don't know about bitcoin. Not only that because of government the news channel don't make any posetive news about bitcoin. If they cover any news regarding bitcoin then they cover that time when cops arrest some scammer or hacker with bitcoin then they cover news. And give the full claim to bitcoin. That a bitcoin users is arrested they didn't say a scammer or hacker arrested. How shameful and general people trust them and try to keep away from bitcoin. And second one government dosen't want that people hear about bitcoin so they don't give anyone any permission to make any hype about bitcoin. It's my opinion your can be different thank you.
Title: Re: People still don't know about Bitcoin Post by: Mistafreeze on July 18, 2021, 10:46:00 AM A whole lot actually is still getting to know about Bitcoin why?? Government Policies, Ignorance, Lack of Educated people. Government Policies has been a great challenge to most Countries, blocking the spread of Bitcoin talks as well putting an end to it,these has stopped a lot from venturing into it making hard for citizens to go against the Laws and Regulations.
Funny enough most people don't know about it as well,undeveloped Countries haven't gotten to embrace it fully in there countries as well....since scammers are everywhere,some are also scared of getting to know about it. As time goes on people are going to see the reason why they have to embrace Bitcoin as either an asset of investment. As Bitcoin price is shooting higher, so there would be positive news spreading about Bitcoin to people that are still ignorant about it. Title: Re: People still don't know about Bitcoin Post by: awik p on July 18, 2021, 02:32:31 PM We cant say bitcoin is something new but for some areas and parts of world it is. There is no internet always, no proper news and education about crypto and main facts. Unfortunately many people have existential problems-food, wather or place to live. We dont think about it often. On the other side lack of knowlege is big risk and danger for newbies who want to invest. Bitcoin was released 12 years ago, it's not exactly a new thing. But still very many people don't know about Bitcoin, maybe some people have heard of it, but most still don't understand Bitcoin. There are still many places that do not have internet access, this is what makes many people who ultimately do not get information about Bitcoin. Moreover, there are still many countries that reject Bitcoin, this is also a factor that makes many people receive wrong information, because they think something the government refuses is a bad thing. It is very important for those of us who already understand Bitcoin, help educate people around us who don't really understand Bitcoin. Little things we do by educating others about Bitcoin, can have a big impact if done by many people. The scope of information relies mostly with the internet and both of you are right, Those who don't have internet are not aware with this investment currency while those who have and capable are still doubtful with the way volatility really affecting the market. With said so, we still need to help the awareness by sharing our knowledge that simple act can deliver possible interest to more people around. Title: Re: People still don't know about Bitcoin Post by: Bigmikie on July 18, 2021, 10:07:35 PM Yea very true, and the reason behind it is that most persons takes internet means of making money as a means of scamming people and secondly the Bitcoin knowledge is something they cant really comprehend and for some due to the fact that they cannot touch money see what they are yet to pay for
Secondly too the knowledge of Bitcoin is broad in terms of how to fully convince any person who is a novide . Title: Re: People still don't know about Bitcoin Post by: temple on July 18, 2021, 10:43:48 PM We cant say bitcoin is something new but for some areas and parts of world it is. There is no internet always, no proper news and education about crypto and main facts. Unfortunately many people have existential problems-food, wather or place to live. We dont think about it often. On the other side lack of knowlege is big risk and danger for newbies who want to invest. Bitcoin was released 12 years ago, it's not exactly a new thing. But still very many people don't know about Bitcoin, maybe some people have heard of it, but most still don't understand Bitcoin. There are still many places that do not have internet access, this is what makes many people who ultimately do not get information about Bitcoin. Moreover, there are still many countries that reject Bitcoin, this is also a factor that makes many people receive wrong information, because they think something the government refuses is a bad thing. It is very important for those of us who already understand Bitcoin, help educate people around us who don't really understand Bitcoin. Little things we do by educating others about Bitcoin, can have a big impact if done by many people. The scope of information relies mostly with the internet and both of you are right, Those who don't have internet are not aware with this investment currency while those who have and capable are still doubtful with the way volatility really affecting the market. With said so, we still need to help the awareness by sharing our knowledge that simple act can deliver possible interest to more people around. I guess a lot of people simply don't have money they can afford to lose either. Especially when you come from a poorer country, and we know there are a lot of people who are pretty poor, they are definitely afraid to put something on the line they might need a month or two later. Those who don't even have internet will more than likely not have spare cash to be put into highly volatile assets. Title: Re: People still don't know about Bitcoin Post by: nurilham on July 18, 2021, 11:19:05 PM Even my family members also do not know what is bitcoin or cryptocurrencies. Don't be so surprised, you are not alone. Many of my family members also don't know what Bitcoin or crypto is. They never read about it or even never heard about it before. Bitcoin or altcoin is legal as a digital asset in my country but it is not really popular. So, the news about Bitcoin or altcoin rarely appears on our national TV program, newspaper, magazine, or the like. Because of this, many people in my country don't about it.Title: Re: People still don't know about Bitcoin Post by: finaleshot2016 on July 18, 2021, 11:35:04 PM Even my family members also do not know what is bitcoin or cryptocurrencies. Don't be so surprised, you are not alone. Many of my family members also don't know what Bitcoin or crypto is. They never read about it or even never heard about it before. Bitcoin or altcoin is legal as a digital asset in my country but it is not really popular. So, the news about Bitcoin or altcoin rarely appears on our national TV program, newspaper, magazine, or the like. Because of this, many people in my country don't about it.Title: Re: People still don't know about Bitcoin Post by: Lordhermes on July 19, 2021, 12:33:04 AM Even my family members also do not know what is bitcoin or cryptocurrencies. Don't be so surprised, you are not alone. Many of my family members also don't know what Bitcoin or crypto is. They never read about it or even never heard about it before. Bitcoin or altcoin is legal as a digital asset in my country but it is not really popular. So, the news about Bitcoin or altcoin rarely appears on our national TV program, newspaper, magazine, or the like. Because of this, many people in my country don't about it.Title: Re: People still don't know about Bitcoin Post by: bitzizzix on July 19, 2021, 01:43:13 AM Even my family members also do not know what is bitcoin or cryptocurrencies. Don't be so surprised, you are not alone. Many of my family members also don't know what Bitcoin or crypto is. They never read about it or even never heard about it before. Bitcoin or altcoin is legal as a digital asset in my country but it is not really popular. So, the news about Bitcoin or altcoin rarely appears on our national TV program, newspaper, magazine, or the like. Because of this, many people in my country don't about it.In the past bitcoin was not widely known and only for certain people, unlike nowadays there are a lot of bitcoin advertisements on social media and the internet, it is easy to recognize bitcoin, it's just that they want to continue to be able to recognize it further. deep and ask for learning from seniors or experts to make it easier to understand well. Title: Re: People still don't know about Bitcoin Post by: Slow death on July 19, 2021, 02:13:37 AM in my country until a few years ago it was difficult to go out and talk about bitcoin and someone say they know bitcoin, but nowadays the situation is completely different, many people know bitcoin and altcoin, many people in my country buy bitcoin to trade and hodl and a lot of people from my country do altcoin mining. I was surprised with this great evolution that is having in my country in the sense of bitcoin being more popular in my country
I did not know about Bitcoin before also,untill my friend started talking about it.I had to make research on it to know it in detail,and uptill now,most of my friends are still novice about Bitcoin.It is not easy to know about it unless you get close to someone that knows about it. bitcoin is constantly on TV channels and news papers, and it's hard for anyone not to know about bitcoin these days unless you're someone who hasn't read news on news sites or doesn't follow economic news Title: Re: People still don't know about Bitcoin Post by: Rigon on July 19, 2021, 05:19:17 AM Even my family members also do not know what is bitcoin or cryptocurrencies. They think this is true . So when I told them about this they didnot believe it . I think when bitcoin cross within;Some years when btc will cross $100000 every singlele people will know aboen person will know about it My family members also don't believe cryptocurrencies because they think only money can be earn by hard labor . They think cryptocurrency has no basis and it's an air thinner assets and if it's losses that can't be recovered anyhow. Title: Re: People still don't know about Bitcoin Post by: rozak on July 19, 2021, 05:27:15 AM Even my family members also do not know what is bitcoin or cryptocurrencies. They think this is true . So when I told them about this they didnot believe it . I think when bitcoin cross within;Some years when btc will cross $100000 every singlele people will know aboen person will know about it My family members also don't believe cryptocurrencies because they think only money can be earn by hard labor . They think cryptocurrency has no basis and it's an air thinner assets and if it's losses that can't be recovered anyhow. but to explain to easier people seems easier than explaining to parents. especially for those who use social media. it's easier for them to know because bitcoin this year is growing quite well with news in many media. Underlying it all is some people's fear of getting to know something new. because what they know, such as fiat or assets in the real world, has tangible benefits. while telling how bitcoin is a digital currency, I don't think it's enough for their initial knowledge. Title: Re: People still don't know about Bitcoin Post by: Chato1977 on July 19, 2021, 05:52:12 AM it is not that they don't know but they don't understand because the government is Lacking of exposure and don't wanna push people to ;like bitcoin .
Because if only each government will make people understand and learn what is this? I'm sure people will also like and may use this for their own benefits in the future. Title: Re: People still don't know about Bitcoin Post by: Kimonoe on July 19, 2021, 06:44:02 AM it is not that they don't know but they don't understand because the government is Lacking of exposure and don't wanna push people to ;like bitcoin . back again to the legality that has not been given from the government, where there is no official statement that stimulates their curiosity about bitcoin. just imagine like elsalvador, of course there will be more bitcoiners there, because the role of the government is very meaningful, maybe if there will be many other countries following it it is possible bitcoiners around the world will increase Because if only each government will make people understand and learn what is this? I'm sure people will also like and may use this for their own benefits in the future. Title: Re: People still don't know about Bitcoin Post by: Wawa2013 on July 19, 2021, 11:47:18 PM Bitcoin was released 12 years ago, it's not exactly a new thing. But still very many people don't know about Bitcoin, maybe some people have The scope of information relies mostly with the internet and both of you are right,heard of it, but most still don't understand Bitcoin. There are still many places that do not have internet access, this is what makes many people who ultimately do not get information about Bitcoin. Moreover, there are still many countries that reject Bitcoin, this is also a factor that makes many people receive wrong information, because they think something the government refuses is a bad thing. It is very important for those of us who already understand Bitcoin, help educate people around us who don't really understand Bitcoin. Little things we do by educating others about Bitcoin, can have a big impact if done by many people. Those who don't have internet are not aware with this investment currency while those who have and capable are still doubtful with the way volatility really affecting the market. With said so, we still need to help the awareness by sharing our knowledge that simple act can deliver possible interest to more people around. With the current economic situation due to a prolonged pandemic, some people do not have extra money. Even for poor countries, they do not have money to meet their daily needs and expect direct assistance from the government. So I believe poor people will not think about investing in Bitcoin, even if poor people have money, they will not buy Bitcoin. Because they will definitely need the money in the near future. Especially for people who do not have internet access, will not be interested in investing in Bitcoin, because they will not invest in something they do not know. Title: Re: People still don't know about Bitcoin Post by: XUNing on July 20, 2021, 01:23:18 AM Bitcoin is a modern new technology, it has not been known to everyone. Some countries have cracked down on banning the use of Bitcoin, and will not broadcast news about Bitcoin, and people do not have extensive channels to learn about it. Even though most people have heard of Bitcoin, they even have basic knowledge and meaning of Bitcoin. Cryptocurrencies like Bitcoin is not widely used in daily life, and many people are not very interested in it.
Title: Re: People still don't know about Bitcoin Post by: David90947707 on July 20, 2021, 04:22:35 PM Yes, yet most of the people don't know about bitcoin.But we all should know about it.Bitcoin is a very good cryptocurrency.In future cryptocurrency will lead the world.So we should know cryptocurrency and Btc.
Title: Re: People still don't know about Bitcoin Post by: perryxi2 on July 20, 2021, 04:26:31 PM There are a lot of people in my country when I talk about BTC they ask me what it is and how it's just an unreal money that can be exchanged for money and paid for essential food. so many surprising questions that it makes me laugh when a society in 2021 looks like primitive people.
Title: Re: People still don't know about Bitcoin Post by: temple on July 20, 2021, 08:01:51 PM Bitcoin was released 12 years ago, it's not exactly a new thing. But still very many people don't know about Bitcoin, maybe some people have The scope of information relies mostly with the internet and both of you are right,heard of it, but most still don't understand Bitcoin. There are still many places that do not have internet access, this is what makes many people who ultimately do not get information about Bitcoin. Moreover, there are still many countries that reject Bitcoin, this is also a factor that makes many people receive wrong information, because they think something the government refuses is a bad thing. It is very important for those of us who already understand Bitcoin, help educate people around us who don't really understand Bitcoin. Little things we do by educating others about Bitcoin, can have a big impact if done by many people. Those who don't have internet are not aware with this investment currency while those who have and capable are still doubtful with the way volatility really affecting the market. With said so, we still need to help the awareness by sharing our knowledge that simple act can deliver possible interest to more people around. With the current economic situation due to a prolonged pandemic, some people do not have extra money. Even for poor countries, they do not have money to meet their daily needs and expect direct assistance from the government. So I believe poor people will not think about investing in Bitcoin, even if poor people have money, they will not buy Bitcoin. Because they will definitely need the money in the near future. Especially for people who do not have internet access, will not be interested in investing in Bitcoin, because they will not invest in something they do not know. That's why I think it is wrong to believe that more money will go into Bitcoin during a crisis. I think the opposite is true. If people have disposable income and the freedom of choice where to invest it, Bitcoin would benefit a lot. The richer the world becomes, the richer Bitcoin holders become. Title: Re: People still don't know about Bitcoin Post by: davide72 on July 20, 2021, 11:10:26 PM There are many people who still don't know about bitcoin or other cryptocurrencies. I don't know about others I am talking about my country and about my society. Whenever I ask from people about or talk about the Bitcoin. They ask what is this? How much there is who face this problem? I would say almost the whole world does not know bitcoin yet, many of those who have heard of bitcoin are not interested and just few people use it otherwise bitcoin would have cost 1 million dollars today not 30K dollars . We have to wait maybe many more people will use it in the future! Title: Re: People still don't know about Bitcoin Post by: ChaoChibai on July 20, 2021, 11:29:20 PM There are many people who still don't know about bitcoin or other cryptocurrencies. I don't know about others I am talking about my country and about my society. Whenever I ask from people about or talk about the Bitcoin. They ask what is this? How much there is who face this problem? Me too, I am absolutely in your condition too. There are so many my friends or relatives who doesn't know about bitcoin. When I was talking about bitcoin they ask me what it is and I have to explained it to them. In the end, some of my friends also invest to bitcoin and right now the situation isn't good so most of my friends blame me because i told him to invest, so it give me lesson to not told my friend to invest on something. Title: Re: People still don't know about Bitcoin Post by: Blowon on July 21, 2021, 01:41:52 AM usually they know by aloud from the media, the media today all already know bitcoin, and easily to introduce it to everyone, even in my environment now they know about bitcoin and some of them still play here now.
Title: Re: People still don't know about Bitcoin Post by: jinneas on July 21, 2021, 03:41:10 AM Cryptocurrency such as Bitcoin is a new technology, and the crypto market has not been fully adopted. Although Bitcoin is very popular, there are still many people who do not know or do not know what Bitcoin is, and it is difficult for ordinary people to understand and accept it. Due to the suppression and prohibition of the use of Bitcoin in some countries and restrictions on the use of Bitcoin transactions in the country where they are located, many people will think that Bitcoin is illegal, even people who know Bitcoin will not hype.
Title: Re: People still don't know about Bitcoin Post by: DPrillio on July 21, 2021, 06:15:39 AM Cryptocurrency such as Bitcoin is a new technology, and the crypto market has not been fully adopted. Although Bitcoin is very popular, there are still many people who do not know or do not know what Bitcoin is, and it is difficult for ordinary people to understand and accept it. Due to the suppression and prohibition of the use of Bitcoin in some countries and restrictions on the use of Bitcoin transactions in the country where they are located, many people will think that Bitcoin is illegal, even people who know Bitcoin will not hype. The popularity of cryptocurrency takes a big leap of the new generations to enjoy fast and hustle free digital transaction even those who are born in 80's and 90's are now adopting cryptocurrency as the way of living since in crypto like the most reputable coin the bitcoin is a big opportunity to gain more profit sooner or later.Title: Re: People still don't know about Bitcoin Post by: AakZaki on July 21, 2021, 07:06:27 PM Some of them are hard to believe in the existence of bitcoin because until now there are still people who think bitcoin is a bubble, I think this happens because the price of bitcoin is often manipulated, but I believe if they learn correctly, bitcoin has many benefits, not even a few people are helped economically. Maybe they really don't want to know, even in my country maybe the people will call it gambling. Overall, maybe if we understand and use it well it will bring benefits. I have proven that, and now my life is getting better thanks to BTC. In addition, if we examine carefully in the future, the circulation of paper money will be less and less. This is because of advances in financial technology. Many experts have predicted this. Furthermore if they couldn't keep up then they would be left behind for the future.Title: Re: People still don't know about Bitcoin Post by: retreat on July 21, 2021, 07:44:08 PM There are many people who still don't know about bitcoin or other cryptocurrencies. I don't know about others I am talking about my country and about my society. Whenever I ask from people about or talk about the Bitcoin. They ask what is this? people's ability to manage information is different so there are still many people out there who don't understand what Bitcoin is. I once saw a video on a campus in my country in which a lecturer was recorded saying Bitcoin is a gambling coin so it is haram, seeing the video I realized that there are really many people out there who are trying to spread negative news and spread false news about Bitcoin.How much there is who face this problem? Title: Re: People still don't know about Bitcoin Post by: worldofcoins on July 21, 2021, 08:31:57 PM Yes, yet most of the people don't know about bitcoin.But we all should know about it.Bitcoin is a very good cryptocurrency.In future cryptocurrency will lead the world.So we should know cryptocurrency and Btc. You saying we should know about BTC doesn't lead many to know about it magically. If you want people to know about it then spread awareness regarding it through social communications, and allow it to multiply from there, and let people do their own research. Also, let them know about this forum if they need authentic information about bitcoin, they can be sure here they'll find only authentic posts from reputable members. Title: Re: People still don't know about Bitcoin Post by: ik5656 on July 21, 2021, 09:02:38 PM Many Country People Don't known BITCOIN or Crypto.its real but.on the another hand people already thinking cashless Economic system its part of bitcoin
Title: Re: People still don't know about Bitcoin Post by: michaelpeters555 on July 21, 2021, 09:12:09 PM There are many people who still don't know about bitcoin or other cryptocurrencies. I don't know about others I am talking about my country and about my society. Whenever I ask from people about or talk about the Bitcoin. They ask what is this? How much there is who face this problem? it is true that not everyone knows what bitcoin is, especially for the general public. As for some who know only bitcoin it's expensive and many think that only rich people can buy it. that's what I often find in some circles of the general public. therefore we as people who are struggling in the world of cryptocurrency, it is time to provide insight to friends, neighbors and family. explains what bitcoin is, its purpose and benefits. and the advantages of investing in bitcoin. so that gradually the understanding of the general public is no longer limited by just knowing the price, but in terms of the aspects of its benefits and uses for daily life and the future. Hi guys, I kept asking, where can I buy a Bitmain Antminer DR5 (34Th) ? My friend ordered from www.myminersworld.com , what do you know about the website? Title: Re: People still don't know about Bitcoin Post by: Hamphser on July 21, 2021, 09:14:57 PM Yes, yet most of the people don't know about bitcoin.But we all should know about it.Bitcoin is a very good cryptocurrency.In future cryptocurrency will lead the world.So we should know cryptocurrency and Btc. You saying we should know about BTC doesn't lead many to know about it magically. If you want people to know about it then spread awareness regarding it through social communications, and allow it to multiply from there, and let people do their own research. Also, let them know about this forum if they need authentic information about bitcoin, they can be sure here they'll find only authentic posts from reputable members. also mattering with someones mindset because there are people who cant really just able to understand things and do leave out normally when they do see it to be complicated. Although, adoption is on the move and we are really gaining some attention now and comparing the level in the past then we are really seeing some progress as of this moment. Knowing bitcoin or crypto as a whole would really be an opportunity to someone. Title: Re: People still don't know about Bitcoin Post by: livingfree on July 21, 2021, 10:41:56 PM in my country too many people are the same, they don't know bitcoin and even they think bitcoin is a system for gambling. I'm thinking how to educate them so they can understand the real bitcoin and can think positively about bitcoin There are steps that you can do. Making your own social media page, making a youtube channel which for sure will hit the demographic and algorithm of the system through your countrymen. With those little steps, those people that think bitcoin is only for gambling, they will eventually understand that it can be used for almost every purchase and transaction, the same as fiat. Title: Re: People still don't know about Bitcoin Post by: Wawa2013 on July 21, 2021, 10:53:23 PM With the current economic situation due to a prolonged pandemic, some people do not have extra money. Even for poor countries, they do not That's why I think it is wrong to believe that more money will go into Bitcoin during a crisis. I think the opposite is true. If people have disposable income and the freedom of choice where to invest it, Bitcoin would benefit a lot. The richer the world becomes, the richer Bitcoin holders become. have money to meet their daily needs and expect direct assistance from the government. So I believe poor people will not think about investing in Bitcoin, even if poor people have money, they will not buy Bitcoin. Because they will definitely need the money in the near future. Especially for people who do not have internet access, will not be interested in investing in Bitcoin, because they will not invest in something they do not know. Seeing this fact, for now, most of the people who invest in Bitcoin are rich people, who want to save their wealth. Because the rich know that the government is in a crisis situation like now, it needs printing money in large quantities, as a result there will be hyperinflation. That's why rich people choose Bitcoin, because it's proven to be unaffected by inflation. While the poor will remain poor, because their income is not enough to buy Bitcoin. Therefore I take many side jobs, even though I already have a permanent job. This is because the salary I get from a regular job is only enough to meet my daily needs and pay off my debts. While the income I get from a side job, I can buy Bitcoin. There are many people who still don't know about bitcoin or other cryptocurrencies. I don't know about others I am talking about my country and about my society. Whenever I ask from people about or talk about the Bitcoin. They ask what is this? in my country too many people are the same, they don't know bitcoin and even they think bitcoin is a system for gambling. I'm thinking how to educate them so they can understand the real bitcoin and can think positively about bitcoinHow much there is who face this problem? Because there are still many countries that do not support Bitcoin, most of the population does not get much information about Bitcoin. So it is very natural that there are still many people who do not know Bitcoin, even in my country the local media gives a lot of wrong information about Bitcoin. Therefore we who already understand about Bitcoin, at least educate the people around us first. So that more and more people know Bitcoin. Title: Re: People still don't know about Bitcoin Post by: nhaila on July 21, 2021, 11:28:44 PM There are many people who still don't know about bitcoin or other cryptocurrencies. I don't know about others I am talking about my country and about my society. Whenever I ask from people about or talk about the Bitcoin. They ask what is this? in my country too many people are the same, they don't know bitcoin and even they think bitcoin is a system for gambling. I'm thinking how to educate them so they can understand the real bitcoin and can think positively about bitcoinHow much there is who face this problem? Title: Re: People still don't know about Bitcoin Post by: temple on July 22, 2021, 04:40:02 AM Some of them are hard to believe in the existence of bitcoin because until now there are still people who think bitcoin is a bubble, I think this happens because the price of bitcoin is often manipulated, but I believe if they learn correctly, bitcoin has many benefits, not even a few people are helped economically. Maybe they really don't want to know, even in my country maybe the people will call it gambling. Overall, maybe if we understand and use it well it will bring benefits. I have proven that, and now my life is getting better thanks to BTC. In addition, if we examine carefully in the future, the circulation of paper money will be less and less. This is because of advances in financial technology. Many experts have predicted this. Furthermore if they couldn't keep up then they would be left behind for the future.Yes but we should indeed examine carefully what it does to us if we have no paper money anymore and if it is all digital and traceable. Paper money's best function was its privacy and anonymity. You take $500 from your bank account and just pay in cash all the time and nobody ever knows where, when and what you bought. Once paper money is completely gone, people may realize how important those characteristics of it actually used to be. Title: Re: People still don't know about Bitcoin Post by: numberslacey on July 22, 2021, 05:32:07 AM I agree many don't and I feel it is due to lack of global acceptance. Most of the countries recently have bitcoin and other cryptocurrency which have caused a frenzy among the enthusiasts
Title: Re: People still don't know about Bitcoin Post by: Mistafreeze on July 22, 2021, 06:42:31 AM Bitcoin is just about 11 year in existence, so we shouldn't expect everyone to know about it especially in a country that has limited access to the internet and low exposure to things happening around the world. Cryptocurrency is still spreading with time and more persons are still going to know about it in less than no time. Some people in the developing countries or under develp are very much with high percentage of being ignorant about it.
Many individuals still don't believe in online investment due to their past experience or news that had been flying around about how dangerous Bitcoin can be since it's has some level of privacy which can be difficult to track. With the nature of risk that are imbedded in cryptocurrency, many still see no reason of taking such adventure that could be detrimental as some level, creating discouragement and disappointment to people that might be interested in it. Title: Re: People still don't know about Bitcoin Post by: v3liana on July 22, 2021, 07:46:02 AM Bitcoin is just about 11 year in existence, so we shouldn't expect everyone to know about it especially in a country that has limited access to the internet and low exposure to things happening around the world. Cryptocurrency is still spreading with time and more persons are still going to know about it in less than no time. Some people in the developing countries or under develp are very much with high percentage of being ignorant about it. Agree with you for those people who don't have access to the internet i think it's normal for them to don't know about bitcoin, in my country there still many people don't know about bitcoin especially for those people who has age in range (40+). Many individuals still don't believe in online investment due to their past experience or news that had been flying around about how dangerous Bitcoin can be since it's has some level of privacy which can be difficult to track. With the nature of risk that are imbedded in cryptocurrency, many still see no reason of taking such adventure that could be detrimental as some level, creating discouragement and disappointment to people that might be interested in it. Bitcoin is very popular on range age 20-40 because at that age there still productive and want to be rich instantly and they think bitcoin is the key to reach their dreams. Title: Re: People still don't know about Bitcoin Post by: Mr.sprin on July 22, 2021, 08:10:10 AM I agree that a lot of people between their 20s and 40s understand bitcoin and digital currency investing. Parents over the age of 50 are more likely to believe in real-world investments such as restaurants, food businesses, or clothing sales.
Title: Re: People still don't know about Bitcoin Post by: bakasabo on July 22, 2021, 08:22:31 AM My parents still know little about Bitcoin and cryptocurrency.
Once I've made a mistake, giving a wrong example of Bitcoin usage. When we were discussing some technical stuff with my father, I've told him that he should get a separate notebook for car diagnostics programs and other programs and dont install everything on his notebook he uses for work. I've told him how hackers got into someone's PC, lock it and extort money for unlocking. They ask money to be send in Bitcoin or crypto, as it will allow them to stay anonymous. He thinks now that Bitcoin is used for bad deeds and is a pyramid. Title: Re: People still don't know about Bitcoin Post by: raiblock on July 22, 2021, 08:56:51 AM There are about 7.6 Billion people on the planet and a recent survey showed that 9% of the world's population own Bitcoin. But the awareness of Bitcoin is strong across all age groups. Almost 50% people hared the name Bitcoin but even a smaller percentage of those that actually know what it is or how it works.
As people become more familiar with Bitcoin do they think of it more positively or negatively? that's the question. Title: Re: People still don't know about Bitcoin Post by: kakonlin on July 22, 2021, 12:53:33 PM There used to be a lot of people who didn't know bitcoin. But since the 2021 bullrun, many people are already familiar with bitcoin. But still many people are still not aware of the technology that is in bitcoin. They just think of bitcoin as gambling. I'm sure they will all understand.
Title: Re: People still don't know about Bitcoin Post by: randegibran on July 22, 2021, 02:20:57 PM I will always provide solutions.or explanations.for people who want to start a crypto business.especially for lay people who don't understand how the crypto world will perform for the future in.starting a business.they only know bitcoin on the internet and don't understand how.it works.the crypto world, such.as what steps.must be needed to start a.business
Title: Re: People still don't know about Bitcoin Post by: blackened515 on July 22, 2021, 02:29:58 PM There used to be a lot of people who didn't know bitcoin. But since the 2021 bullrun, many people are already familiar with bitcoin. But still many people are still not aware of the technology that is in bitcoin. They just think of bitcoin as gambling. I'm sure they will all understand. Many people still believes bitcoin is scam. While Some just know the name "Bitcoin", but don't know how it works and the benefits of investing in it. The Bullrun in early 2021 contributed to the popularity of Bitcoin. Bitcoin price rises to around $63k in April 2021. And I see the drop in price of Bitcoin now as an opportunity to invest more in Bitcoin, because it will surely rise. However, Bitcoin is getting popular everyday. With Time, more people will see and understand Bitcoin.Title: Re: People still don't know about Bitcoin Post by: worldofcoins on July 22, 2021, 03:35:27 PM With those little steps, those people that think bitcoin is only for gambling, they will eventually understand that it can be used for almost every purchase and transaction, the same as fiat. Yes, it can but most of the time people have a hard time believe something else other than what they heard about something the very first time. I don't think that people who think Bitcoin is only worthy of being Gambled away will believe anything else unless their thought process is changed by some backed up practicality and they're open minded to perceive what's information being given to them but that doesn't work with everyone, Most rely on true and tried methods and can't use imagination. Title: Re: People still don't know about Bitcoin Post by: velosepur on July 22, 2021, 04:49:54 PM We cant say bitcoin is something new but for some areas and parts of world it is. There is no internet always, no proper news and education about crypto and main facts. Unfortunately many people have existential problems-food, wather or place to live. We dont think about it often. On the other side lack of knowlege is big risk and danger for newbies who want to invest. Bitcoin was released 12 years ago, it's not exactly a new thing. But still very many people don't know about Bitcoin, maybe some people have heard of it, but most still don't understand Bitcoin. There are still many places that do not have internet access, this is what makes many people who ultimately do not get information about Bitcoin. Moreover, there are still many countries that reject Bitcoin, this is also a factor that makes many people receive wrong information, because they think something the government refuses is a bad thing. It is very important for those of us who already understand Bitcoin, help educate people around us who don't really understand Bitcoin. Little things we do by educating others about Bitcoin, can have a big impact if done by many people. The scope of information relies mostly with the internet and both of you are right, Those who don't have internet are not aware with this investment currency while those who have and capable are still doubtful with the way volatility really affecting the market. With said so, we still need to help the awareness by sharing our knowledge that simple act can deliver possible interest to more people around. Most of people love to have paper money in hands and keep it in home still. We have others too , in usa or western europe who do it other way but big part of world we have many poor people without internet and no way to know about crypto, coins and other details. Bitcointalk as big forum helps to novice sure. Title: Re: People still don't know about Bitcoin Post by: temple on July 26, 2021, 09:43:16 AM There used to be a lot of people who didn't know bitcoin. But since the 2021 bullrun, many people are already familiar with bitcoin. But still many people are still not aware of the technology that is in bitcoin. They just think of bitcoin as gambling. I'm sure they will all understand. It's true that in my country there are still many who don't understand bitcoin.. However, this year there have been many important people such as artists, youtubers, or other celebgrams who already understand a little about bitcoin. Because they are more or less ordinary people also know bitcoin even though they don't know it fully.Of those you mentioned, let's be honest here many of them jumped onto the bandwagon because they realized there is money to be made, especially when you got some reach on social media like Instagram. Some of them even launched their own coin, but seriously why would you entrust your money with a person that usually posts half naked pics on Instagram? ... For them it is not about spreading the word because they understand decentralization, it is about spreading the word because at the end of their promotion you'll get a code that you should use to buy crypto in order to make them rich. Title: Re: People still don't know about Bitcoin Post by: raisajahan on July 26, 2021, 10:55:59 AM Crypto market is one of the best growing investment platform in the world where bitcoin is the best crypto currency among the crypto market. So it should be known to all people who are known to crypto market. Without having internet how will people known to bitcoin because bitcoin is the internet base crypto currency. So there are many people who don't have scope to operate internet they are unknown to the bitcoin naturally. So its nothing matter for bitcoin also crypto market because vast smart people in the globe have already involved in the crypto market.
Title: Re: People still don't know about Bitcoin Post by: checkmatesir on July 26, 2021, 11:12:29 AM This is due to the two facts people don't know about it because due to our government . Because government in most of the countries don't tell the people about bitcoin and don't want to do work in a way it should be. And another one is our education system doesn't tell about this that's why most of the people are unaware about bitcoin.
Title: Re: People still don't know about Bitcoin Post by: finaleshot2016 on July 26, 2021, 11:24:16 AM There used to be a lot of people who didn't know bitcoin. But since the 2021 bullrun, many people are already familiar with bitcoin. But still many people are still not aware of the technology that is in bitcoin. They just think of bitcoin as gambling. I'm sure they will all understand. It's true that in my country there are still many who don't understand bitcoin.. However, this year there have been many important people such as artists, youtubers, or other celebgrams who already understand a little about bitcoin. Because they are more or less ordinary people also know bitcoin even though they don't know it fully.Of those you mentioned, let's be honest here many of them jumped onto the bandwagon because they realized there is money to be made, especially when you got some reach on social media like Instagram. Some of them even launched their own coin, but seriously why would you entrust your money with a person that usually posts half naked pics on Instagram? ... For them it is not about spreading the word because they understand decentralization, it is about spreading the word because at the end of their promotion you'll get a code that you should use to buy crypto in order to make them rich. Title: Re: People still don't know about Bitcoin Post by: randegibran on July 26, 2021, 02:06:58 PM there.are so many ordinary people who do not understand the real world of bitcoin, but they only hear it.through the people around them.or they browse it.on the internet, but they have absolutely.no idea.how the real bitcoin business process.is, but if.they want to learn more then we will try to provide a detailed.explanation to study.bitcoin more deeply.to those who don't know it.yet, so that it.doesn't become.a negative.opinion of bitcoin in the eyes of the public
Title: Re: People still don't know about Bitcoin Post by: Charot12345 on July 28, 2021, 12:32:47 PM In here, the majority of people don't have any idea about it. Some people knows but they have bad impression on it, a scam or something.
Bitcoin is really good and will soon be adopted by many. All we need is support from anyone who has a wide knowledge about it to make us understand how it works, what its advantages, good side sides and profit that they can have. And also make us understand it's risk and other disadvantages, by having a seminar or education. A social media can also be used to explain it. By having famous influencer to attract people and be interested on it. Because if they can't understand it, how they can use and adapt it. Title: Re: People still don't know about Bitcoin Post by: Hughes_Ryan on July 28, 2021, 04:42:36 PM Most of the people who know about bitcoin are young people who are passionate about new technology, while old people have very little understanding of the bitcoin market, many people think bitcoin is a scam because they heard incorrect information. actually bitcoin market is still new so i think bitcoin will be more popular soon for everyone in the world.
Title: Re: People still don't know about Bitcoin Post by: dupee419 on July 28, 2021, 07:24:27 PM This post has been up for almost 6 months, the biggest problem here is that no matter how big technology is, a huge number of the population (of the world) isn't capable of learning or able to learn about Bitcoin or cryptocurrency, some numbers are the people who are not familiar with technology, people who are too old for this, and people who are too stubborn to learn anything new about the future, and that is why it is impossible for everyone to know about Bitcoin, unless if it's us who are old, maybe in the next 50 or 60 years I guess.
Title: Re: People still don't know about Bitcoin Post by: blackened515 on July 28, 2021, 07:38:06 PM This post has been up for almost 6 months, the biggest problem here is that no matter how big technology is, a huge number of the population (of the world) isn't capable of learning or able to learn about Bitcoin or cryptocurrency, some numbers are the people who are not familiar with technology, people who are too old for this, and people who are too stubborn to learn anything new about the future, and that is why it is impossible for everyone to know about Bitcoin, unless if it's us who are old, maybe in the next 50 or 60 years I guess. I know many people who thinks Bitcoin is scam. They don't believe in Cryptocurrencies and they don't even want to learn how it operates. Bitcoin is gaining popularity everyday, but I don't understand why some people don't still know about it. Although, many people are seeking for someone to coach them about the Crypto world and how it works.Title: Re: People still don't know about Bitcoin Post by: Lanatsa on July 28, 2021, 07:59:22 PM This post has been up for almost 6 months, the biggest problem here is that no matter how big technology is, a huge number of the population (of the world) isn't capable of learning or able to learn about Bitcoin or cryptocurrency, some numbers are the people who are not familiar with technology, people who are too old for this, and people who are too stubborn to learn anything new about the future, and that is why it is impossible for everyone to know about Bitcoin, unless if it's us who are old, maybe in the next 50 or 60 years I guess. Simply means that there still a big room for adoption and its true that there are parts of the world which people doesn't able to hear or know bitcoins existence and if they do then expect there might be some influx of users that would jump in into this market.Adoption is on the move and as the years would pass then expect that numbers or the community would even go bigger and bigger as we go ahead. Lets not just rush things up because we would really be heading there.Even though we wont really make it as a mainstream thing but at least we are seeing some progress. Title: Re: People still don't know about Bitcoin Post by: Qikiye on July 28, 2021, 11:21:40 PM Most of the people I my country don't have enough ideas about bitcoin and virtual cryptocurrency because most of the people here living below poverty line and they don't have enough knowledge about internet and cryptocurrencies. A few amount of people here know something about cryptocurrencies and few people know Bitcoin as a illegal source.
Title: Re: People still don't know about Bitcoin Post by: NicNacCoin on July 28, 2021, 11:56:35 PM Most of the people I my country don't have enough ideas about bitcoin and virtual cryptocurrency because most of the people here living below poverty line and they don't have enough knowledge about internet and cryptocurrencies. A few amount of people here know something about cryptocurrencies and few people know Bitcoin as a illegal source. Not only your country's people guys my Bangladeshi people don't know anything about Bitcoin and they always spreading negative news about cryptocurrencies and it's uses. I am sure Bitcoin never legalize in my country.Title: Re: People still don't know about Bitcoin Post by: n0ne on July 29, 2021, 09:05:28 AM If it has got some physical appearance same as the fiat now majority of the population would've known about bitcoin and other cryptocurrencies. Even now there are people who don't believe bitcoin just because it doesn't have any physical state to feel. The technology wise knowledged people are much into cryptocurrency and this has to reach all levels of people.
Title: Re: People still don't know about Bitcoin Post by: Brendanaltmoon on July 29, 2021, 10:24:59 AM Having a look at the comment, it seems everyone is facing the same situation. If people don't know about BTC, who are these guys trading BTC causing deep and bounce? Lol! Anyway, I would rate my country lower than yours in bitcoin awareness matter. Based on my personal experience. When I started off in the crypto space, I immediately engaged in leverage. Leverage did do me well in the early stage of trading. I was riding the uptrend, which mean all green in my portfolio. Things started to crumble when big drops came. I came to a point where I was already gambling. I started from 2X leverage until I was using x25 to x50. I ended up losing pretty much all of my crypto investments. It took me a long time to get back on my feet. I joined a few cypto community and learned that I was not alone. I've seen SO MUCH people who were in the same situation. Going back to the topic, I believe this is a major deal on why big drops happen. A big chunk of new investors and very new in crypto and in trading in general. Lesson learned, I am no longer using Leverage on the platforms I use. No expert here. Just a regular guy. Thanks Title: Re: People still don't know about Bitcoin Post by: Charot12345 on July 29, 2021, 01:50:30 PM Yes, it was not something new. Not everyone knows bitcoin. There are people who don't have an access on internet. Also not all people are open minded to accept the changes and modernization, and that people can never learn what it is that can make them stop spreading information or news about bitcoin.And also bitcoin was not a subject in school that can help educate others about bitcoin instead you really need to do the research about it if you really want to understand it.
And also there are countries that ban. Title: Re: People still don't know about Bitcoin Post by: Kayum10029 on July 29, 2021, 01:53:46 PM Most people in my country are ignorant and little educated.Most of them live in villages and villagers are reluctant to learn about modern world civilization.They think that online currency other than paper money is nothing but a hoax.They still fill the quota with money and keep it buried under the bed.
Title: Re: People still don't know about Bitcoin Post by: geegaw on July 29, 2021, 03:46:31 PM Most people in my country are ignorant and little educated.Most of them live in villages and villagers are reluctant to learn about modern world civilization.They think that online currency other than paper money is nothing but a hoax.They still fill the quota with money and keep it buried under the bed. Don't blame me for saying too much, you should stop your grudge against the people living in the villages in your country, they are not receptive and not oriented towards creativity maybe their conservative but if they have guaranteed a life filled with satisfaction and no more asking, you should also accept their way of thinking. Not knowing about bitcoin can not be considered a sin, obsolescence will sometimes be a gift to reduce thoughts and calculations, sometimes knowing about bitcoin will no longer be comfortable and in return for work fatigue and burnoutTitle: Re: People still don't know about Bitcoin Post by: temple on July 29, 2021, 03:57:27 PM There used to be a lot of people who didn't know bitcoin. But since the 2021 bullrun, many people are already familiar with bitcoin. But still many people are still not aware of the technology that is in bitcoin. They just think of bitcoin as gambling. I'm sure they will all understand. It's true that in my country there are still many who don't understand bitcoin.. However, this year there have been many important people such as artists, youtubers, or other celebgrams who already understand a little about bitcoin. Because they are more or less ordinary people also know bitcoin even though they don't know it fully.Of those you mentioned, let's be honest here many of them jumped onto the bandwagon because they realized there is money to be made, especially when you got some reach on social media like Instagram. Some of them even launched their own coin, but seriously why would you entrust your money with a person that usually posts half naked pics on Instagram? ... For them it is not about spreading the word because they understand decentralization, it is about spreading the word because at the end of their promotion you'll get a code that you should use to buy crypto in order to make them rich. Nono, jumping on the crypto bandwagon is totally fine. In a certain sense all of us did nothing else in the very beginning as trading even with little amounts is fun and exciting. The real problem is if instagram celebrities use their reach to promote ponzi schemes or the biggest shit coins on earth! That is the real problem. I am not disrespecting those who just want to throw their hat in the ring and participate in the market with fair means, that's fine. But luring your followers into a scam because you get paid well is a real asshole move that we don't need at all in our community! Title: Re: People still don't know about Bitcoin Post by: macson on July 29, 2021, 06:43:53 PM There are many people who still don't know about bitcoin or other cryptocurrencies. I don't know about others I am talking about my country and about my society. Whenever I ask from people about or talk about the Bitcoin. They ask what is this? There are many around me who know Bitcoin but don't dare to invest in it yet, the education they get about Bitcoin is not complete, they still believe in fud which spread from china etc. sooner or later I'm sure many will invest in Bitcoin, the trend will definitely happen.How much there is who face this problem? Title: Re: People still don't know about Bitcoin Post by: LUCKMCFLY on July 30, 2021, 01:19:20 AM Well, because of "El Salvador" you already know that they have even adopted it, now things are going very well because now they are going through Ghana, and that is where adoption is entering strongly on the African continent, and I think it is excellent, among more people enter the market much better:
Ghana's vice president declares Africa should embrace digital currencies Quote “Digitization has also become one of the most consequential policies of the Nana Akufo-Addo government,” said Dr. Bawumia. Source: https://cointelegraph.com/news/ghana-s-vice-president-declares-africa-should-embrace-digital-currencies (https://cointelegraph.com/news/ghana-s-vice-president-declares-africa-should-embrace-digital-currencies)“When the scourge of the COVID-19 pandemic hit and forced many economies into partial and total lockdowns, it reinforced the need to pursue digitization.” The Vice President also discussed Ghana’s recent payment initiatives, such as Mobile Money Interoperability. Dr. Bawumia notes these services have “shown that more people can be financially included, and this needs to be rolled out across Africa to ensure the growth of the AfCFTA vision.” Anything that is of value to Bitcoin is welcome, and as in Ghana they have the interest little by little around the world the word of BTC will spread. Title: Re: People still don't know about Bitcoin Post by: John Jefferson on July 30, 2021, 01:36:03 AM Yes, most ordinary people don't know Bitcoin. Although there are more and more people who invest in ideas every day, they still have no idea about Bitcoin. If you search for investment methods in the search bar, Bitcoin will not appear.
All of these can be handed over to time.Bitcoin will get better and better, and it will get more attention from people and countries.If its use is good, more people will accept it. Title: Re: People still don't know about Bitcoin Post by: Connor Britton on July 30, 2021, 02:47:46 AM Nowadays, there are still some people who know about Bitcoin just know that it is a cryptocurrency, and don't even know what purpose it has. They only know that it can make money, and many people don't know the existence of Bitcoin. The elderly and children in every country probably have never heard of Bitcoin, but compared to 2018 and 2019, there are more and more people who understand Bitcoin. But some people just understand the surface of Bitcoin. Bitcoin is a technological innovation. There is still some time before everyone knows Bitcoin. Time will prove everything.
Title: Re: People still don't know about Bitcoin Post by: LimLims on July 30, 2021, 12:04:21 PM Bitcoin seems too complex when you just found out about it, resulting in a lack of acceptance. Yeah that is the bitter truth that everyone will accept. Until and unless people see some good opportunities in Bitcoins, they won’t accept it. Forget accept, they don’t even care to understand how it works. It can all be sorted if Bitcoins should be made mandatory by the government or just make it legalised. Still waiting for the time when every person should be aware of Bitcoins and Cryptos. Title: Re: People still don't know about Bitcoin Post by: Wong Gendheng on July 30, 2021, 03:04:07 PM Most people in my country are ignorant and little educated.Most of them live in villages and villagers are reluctant to learn about modern world civilization.They think that online currency other than paper money is nothing but a hoax.They still fill the quota with money and keep it buried under the bed. Many people who live in villages in my country also don't know bitcoin, but I don't want to say they are stupid, they don't know bitcoin because they are busy with work and other things, and of course they don't know bitcoin because there is no official information for example from the government. Title: Re: People still don't know about Bitcoin Post by: 2girls on July 31, 2021, 03:46:05 AM Yes, You are Right Many Peoples Still don't know about bitcoin that what it is and how it work , many people still don't know about Cryptocurrency But Its not a Surprise In My Family and Friends And relatives. Mostly don't know about bitcoin , i am trying to tell everyone about bitcoin itits uses, its benefit and its working, so its our duty to aware those who don't know about this , but one thing that mostly uneducated peoples don't know about bitcoin.
Title: Re: People still don't know about Bitcoin Post by: BobK71 on August 04, 2021, 06:15:17 PM Now a days bitcoin is much popular in the world but there are lots of people in the world who don't know about what is bitcon or how it is work? But i have to say that last three years a large number of people have gathered significant knowledge about bitcoin as well as crypto currency. Still There are large number of people who are out of internet especially those who are live in rural area particularly illiterate person of any country they don’t about bitcoin. I am sure if any person who are educated he or she at least know about the name of bitcoin. I am optimistic with five years majority of the world will be known about bitcoin and crypto currency.
Title: Re: People still don't know about Bitcoin Post by: DibiaVxosis on August 04, 2021, 10:24:34 PM For sure there are many countries who doesn't know much about bitcoin, but well bitcoin popularity is growing on a high rate so with time bitcoin would be known worldwide, few years ago my country never knew what is bitcoin or what it actually does but presently bitcoin is the talk of the town every youth want to get involved because of the lucrative rewards, so we can see that bitcoin popularity is growing.
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